MERCER INTL INC

Ticker: MERC CUSIP: 588056101 Class: COM

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

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

Q1 2018

Shares 12,843 Value ($000) $160 Avg Close $10.28 Range $9.17 - $11.34

Q4 2017

Shares 11,658 Value ($000) $167 Avg Close $10.36 Range $8.82 - $11.31

Q3 2017

Shares 11,943 Value ($000) $142 Avg Close $8.37 Range $7.80 - $9.29

Q2 2017

Shares 10,936 Value ($000) $126 Avg Close $8.56 Range $8.09 - $9.38

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2018	12,843	$160	$10.28	$9.17 - $11.34
Q4 2017	11,658	$167	$10.36	$8.82 - $11.31
Q3 2017	11,943	$142	$8.37	$7.80 - $9.29
Q2 2017	10,936	$126	$8.56	$8.09 - $9.38