MURPHY USA INC

Ticker: MUSA CUSIP: 626755102 Class: EQTY

PZENA INVESTMENT MANAGEMENT LLC's Holding History (CIK: 0001027796)

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

Q4 2014

Shares 22,011 Value ($000) $1,516 Avg Close $57.70 Range $47.35 - $68.21

Q3 2014

Shares 301,887 Value ($000) $16,018 Avg Close $50.27 Range $45.88 - $54.80

Q2 2014

Shares 755,157 Value ($000) $36,920 Avg Close $45.04 Range $38.73 - $51.26

Q1 2014

Shares 1,077,569 Value ($000) $43,739 Avg Close $39.32 Range $36.05 - $42.65

Q4 2013

Shares 915,399 Value ($000) $38,044 Avg Close $41.23 Range $38.17 - $45.60

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2014	22,011	$1,516	$57.70	$47.35 - $68.21
Q3 2014	301,887	$16,018	$50.27	$45.88 - $54.80
Q2 2014	755,157	$36,920	$45.04	$38.73 - $51.26
Q1 2014	1,077,569	$43,739	$39.32	$36.05 - $42.65
Q4 2013	915,399	$38,044	$41.23	$38.17 - $45.60