NMI HLDGS INC

Ticker: NMIH CUSIP: 629209305 Class: Common Stock

GILDER GAGNON HOWE & CO LLC's Holding History (CIK: 0000902464)

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

Q1 2014

Shares 246,502 Value ($000) $2,889 Avg Close $11.87 Range $10.32 - $13.94

Q4 2013

Shares 383,260 Value ($000) $4,879 Avg Close $13.30 Range $11.48 - $15.24

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2014	246,502	$2,889	$11.87	$10.32 - $13.94
Q4 2013	383,260	$4,879	$13.30	$11.48 - $15.24