MICROSTRATEGY INC

Ticker: MSTR CUSIP: 594972408 Class: EQTY

River Road Asset Management, LLC's Holding History (CIK: 0001341401)

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

Q2 2017

Shares 92,270 Value ($000) $17,685 Avg Close $18.57 Range $17.75 - $19.46

Q1 2017

Shares 105,290 Value ($000) $19,773 Avg Close $19.38 Range $18.22 - $20.60

Q4 2016

Shares 106,710 Value ($000) $21,065 Avg Close $18.91 Range $16.27 - $20.73

Q3 2016

Shares 109,520 Value ($000) $18,338 Avg Close $17.21 Range $16.19 - $19.18

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2017	92,270	$17,685	$18.57	$17.75 - $19.46
Q1 2017	105,290	$19,773	$19.38	$18.22 - $20.60
Q4 2016	106,710	$21,065	$18.91	$16.27 - $20.73
Q3 2016	109,520	$18,338	$17.21	$16.19 - $19.18