MGE ENERGY INC

Ticker: MGEE CUSIP: 55277P104 Class: EQTY

Freedom Investment Management, Inc.'s Holding History (CIK: 0001566653)

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

Q1 2018

Shares 4,447 Value ($000) $249 Avg Close $48.13 Range $43.34 - $53.46

Q4 2017

Shares 4,549 Value ($000) $287 Avg Close $54.72 Range $51.82 - $57.19

Q3 2017

Shares 4,527 Value ($000) $292 Avg Close $54.16 Range $51.64 - $57.41

Q2 2017

Shares 4,387 Value ($000) $282 Avg Close $54.38 Range $52.06 - $57.32

Q1 2017

Shares 3,764 Value ($000) $245 Avg Close $52.46 Range $49.91 - $55.88

Q1 2016

Shares 5,792 Value ($000) $303 Avg Close $39.96 Range $36.30 - $43.30

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2018	4,447	$249	$48.13	$43.34 - $53.46
Q4 2017	4,549	$287	$54.72	$51.82 - $57.19
Q3 2017	4,527	$292	$54.16	$51.64 - $57.41
Q2 2017	4,387	$282	$54.38	$52.06 - $57.32
Q1 2017	3,764	$245	$52.46	$49.91 - $55.88
Q1 2016	5,792	$303	$39.96	$36.30 - $43.30