MSCI INC

Ticker: MSCI CUSIP: 55354G100 Class: COM

Vulcan Value Partners, LLC's Holding History (CIK: 0001556785)

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

Q2 2015

Shares 319,687 Value ($000) $19,677 Avg Close $55.18 Range $53.32 - $56.94

Q1 2015

Shares 1,505,896 Value ($000) $92,327 Avg Close $49.49 Range $41.44 - $54.55

Q4 2014

Shares 1,636,721 Value ($000) $77,646 Avg Close $41.43 Range $36.45 - $43.46

Q3 2014

Shares 1,307,602 Value ($000) $59,927 Avg Close $40.78 Range $38.59 - $45.84

Q2 2014

Shares 423,523 Value ($000) $19,419 Avg Close $37.97 Range $35.51 - $40.45

Q1 2014

Shares 797,247 Value ($000) $34,298 Avg Close $38.46 Range $35.08 - $40.92

Q4 2013

Shares 608,320 Value ($000) $26,596 Avg Close $37.11 Range $33.62 - $40.06

Q3 2013

Shares 484,210 Value ($000) $19,494 Avg Close $32.94 Range $29.49 - $36.39

Q2 2013

Shares 376,181 Value ($000) $12,516 Avg Close $29.77 Range $27.90 - $31.56

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2015	319,687	$19,677	$55.18	$53.32 - $56.94
Q1 2015	1,505,896	$92,327	$49.49	$41.44 - $54.55
Q4 2014	1,636,721	$77,646	$41.43	$36.45 - $43.46
Q3 2014	1,307,602	$59,927	$40.78	$38.59 - $45.84
Q2 2014	423,523	$19,419	$37.97	$35.51 - $40.45
Q1 2014	797,247	$34,298	$38.46	$35.08 - $40.92
Q4 2013	608,320	$26,596	$37.11	$33.62 - $40.06
Q3 2013	484,210	$19,494	$32.94	$29.49 - $36.39
Q2 2013	376,181	$12,516	$29.77	$27.90 - $31.56