MICROSOFT CORP

Ticker: MSFT CUSIP: 594918104 Class: Common Stock

ARS Investment Partners, LLC's Holding History (CIK: 0000733020)

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

Q1 2018

Shares 378,426 Value ($000) $34,539 Avg Close $84.31 Range $77.10 - $89.85

Q4 2017

Shares 375,785 Value ($000) $32,145 Avg Close $75.26 Range $67.45 - $80.48

Q3 2017

Shares 376,388 Value ($000) $28,037 Avg Close $66.68 Range $61.92 - $69.52

Q2 2017

Shares 406,360 Value ($000) $28,010 Avg Close $62.32 Range $58.70 - $66.35

Q1 2017

Shares 408,959 Value ($000) $26,934 Avg Close $57.84 Range $55.73 - $59.91

Q4 2016

Shares 410,083 Value ($000) $25,483 Avg Close $53.94 Range $50.33 - $57.67

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2018	378,426	$34,539	$84.31	$77.10 - $89.85
Q4 2017	375,785	$32,145	$75.26	$67.45 - $80.48
Q3 2017	376,388	$28,037	$66.68	$61.92 - $69.52
Q2 2017	406,360	$28,010	$62.32	$58.70 - $66.35
Q1 2017	408,959	$26,934	$57.84	$55.73 - $59.91
Q4 2016	410,083	$25,483	$53.94	$50.33 - $57.67