MERCK & CO INC

Ticker: MRK CUSIP: 58933Y105 Class: COM

White Pine Investment CO's Holding History (CIK: 0001318259)

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

Q2 2014

Shares 39,750 Value ($000) $2,300 Avg Close $37.96 Range $36.06 - $39.67

Q1 2014

Shares 40,550 Value ($000) $2,302 Avg Close $35.76 Range $32.43 - $37.92

Q4 2013

Shares 44,250 Value ($000) $2,215 Avg Close $31.29 Range $29.09 - $32.94

Q3 2013

Shares 45,050 Value ($000) $2,144 Avg Close $30.97 Range $29.74 - $31.75

Q2 2013

Shares 45,050 Value ($000) $2,092 Avg Close $30.02 Range $28.02 - $32.11

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2014	39,750	$2,300	$37.96	$36.06 - $39.67
Q1 2014	40,550	$2,302	$35.76	$32.43 - $37.92
Q4 2013	44,250	$2,215	$31.29	$29.09 - $32.94
Q3 2013	45,050	$2,144	$30.97	$29.74 - $31.75
Q2 2013	45,050	$2,092	$30.02	$28.02 - $32.11