MICROSOFT CORP

Ticker: MSFT CUSIP: 594918104 Class: Common Stock

PERMIT CAPITAL, LLC's Holding History (CIK: 0001313978)

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

Q2 2016
Shares 20,000 Value ($000) $1,023 Avg Close $45.98 Range $42.66 - $50.07
Q1 2016
Shares 26,650 Value ($000) $1,472 Avg Close $46.08 Range $42.20 - $49.07
Q4 2015
Shares 48,650 Value ($000) $2,699 Avg Close $45.92 Range $38.05 - $49.78
Q3 2015
Shares 65,650 Value ($000) $2,906 Avg Close $38.92 Range $34.55 - $41.83
Q2 2015
Shares 65,650 Value ($000) $2,898 Avg Close $39.29 Range $34.44 - $42.53
Q1 2015
Shares 86,000 Value ($000) $3,496 Avg Close $37.24 Range $34.29 - $40.84
Q4 2014
Shares 111,900 Value ($000) $5,198 Avg Close $39.88 Range $35.66 - $42.40
Q3 2014
Shares 111,900 Value ($000) $5,188 Avg Close $37.66 Range $34.56 - $40.29
Q2 2014
Shares 139,700 Value ($000) $5,825 Avg Close $33.96 Range $32.19 - $35.60
Q1 2014
Shares 149,700 Value ($000) $6,136 Avg Close $31.26 Range $28.73 - $34.69
Q4 2013
Shares 169,700 Value ($000) $6,348 Avg Close $30.02 Range $27.01 - $32.34
Q3 2013
Shares 169,700 Value ($000) $5,648 Avg Close $27.00 Range $25.36 - $29.79
Q2 2013
Shares 155,000 Value ($000) $5,354 Avg Close $26.70 Range $22.82 - $29.26