MERCER INTL INC

Ticker: MERC CUSIP: 588056101 Class: COM

Commonwealth Bank of Australia's Holding History (CIK: 0000008565)

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

Q1 2014

Shares 938,428 Value ($000) $7,038 Avg Close $6.19 Range $4.78 - $6.75

Q4 2013

Shares 938,428 Value ($000) $9,356 Avg Close $6.05 Range $4.78 - $7.16

Q3 2013

Shares 797,017 Value ($000) $5,651 Avg Close $4.69 Range $4.22 - $5.32

Q2 2013

Shares 797,017 Value ($000) $5,197 Avg Close $4.47 Range $3.98 - $4.80

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2014	938,428	$7,038	$6.19	$4.78 - $6.75
Q4 2013	938,428	$9,356	$6.05	$4.78 - $7.16
Q3 2013	797,017	$5,651	$4.69	$4.22 - $5.32
Q2 2013	797,017	$5,197	$4.47	$3.98 - $4.80