MARCHEX INC

Ticker: MCHX CUSIP: 56624R108 Class: CL B

STEPHENS INC /AR/'s Holding History (CIK: 0000757657)

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

Q4 2014

Shares 159,578 Value ($000) $732 Avg Close $3.94 Range $3.15 - $5.29

Q3 2014

Shares 31,005 Value ($000) $129 Avg Close $9.31 Range $3.92 - $12.42

Q2 2014

Shares 479,773 Value ($000) $5,767 Avg Close $10.53 Range $8.97 - $12.19

Q1 2014

Shares 441,365 Value ($000) $4,639 Avg Close $10.57 Range $8.59 - $12.84

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2014	159,578	$732	$3.94	$3.15 - $5.29
Q3 2014	31,005	$129	$9.31	$3.92 - $12.42
Q2 2014	479,773	$5,767	$10.53	$8.97 - $12.19
Q1 2014	441,365	$4,639	$10.57	$8.59 - $12.84