MERCER INTL INC

Ticker: MERC CUSIP: 588056101 Class: COM

Gotham Asset Management, LLC's Holding History (CIK: 0001510387)

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

Q4 2015

Shares 10,289 Value ($000) $93 Avg Close $7.02 Range $6.04 - $8.01

Q3 2015

Shares 17,761 Value ($000) $178 Avg Close $7.99 Range $6.49 - $9.64

Q2 2015

Shares 19,424 Value ($000) $266 Avg Close $9.73 Range $8.82 - $10.82

Q1 2015

Shares 24,326 Value ($000) $374 Avg Close $9.13 Range $8.05 - $10.51

Q4 2014

Shares 25,931 Value ($000) $319 Avg Close $8.23 Range $6.27 - $9.55

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2015	10,289	$93	$7.02	$6.04 - $8.01
Q3 2015	17,761	$178	$7.99	$6.49 - $9.64
Q2 2015	19,424	$266	$9.73	$8.82 - $10.82
Q1 2015	24,326	$374	$9.13	$8.05 - $10.51
Q4 2014	25,931	$319	$8.23	$6.27 - $9.55