NL INDS INC

Ticker: NL CUSIP: 629156407 Class: Common Stock

Municipal Employees' Retirement System of Michigan's Holding History (CIK: 0001588873)

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

Q2 2018

Shares 29,450 Value ($000) $256 Avg Close $5.77 Range $4.74 - $6.72

Q1 2018

Shares 29,450 Value ($000) $231 Avg Close $7.02 Range $5.07 - $9.94

Q4 2017

Shares 29,450 Value ($000) $420 Avg Close $8.53 Range $6.13 - $10.78

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2018	29,450	$256	$5.77	$4.74 - $6.72
Q1 2018	29,450	$231	$7.02	$5.07 - $9.94
Q4 2017	29,450	$420	$8.53	$6.13 - $10.78