MDU RES GROUP INC

Ticker: MDU CUSIP: 552690109 Class: COM

Hilltop Holdings Inc.'s Holding History (CIK: 0001265131)

Note: Option positions (PUT/CALL) are excluded.

Q4 2013

Shares 16,979 Value ($000) $518 Avg Close $7.80 Range $7.24 - $8.15

Q3 2013

Shares 16,604 Value ($000) $464 Avg Close $7.25 Range $6.78 - $7.90

Q2 2013

Shares 16,235 Value ($000) $421 Avg Close $6.58 Range $6.07 - $7.05

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2013	16,979	$518	$7.80	$7.24 - $8.15
Q3 2013	16,604	$464	$7.25	$6.78 - $7.90
Q2 2013	16,235	$421	$6.58	$6.07 - $7.05