NMI HLDGS INC

Ticker: NMIH CUSIP: 629209305 Class: Common Stock

BROWN ADVISORY INC's Holding History (CIK: 0001345929)

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

Q1 2014

Shares 13,100 Value ($000) $154 Avg Close $11.87 Range $10.32 - $13.94

Q4 2013

Shares 10,300 Value ($000) $131 Avg Close $13.30 Range $11.48 - $15.24

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2014	13,100	$154	$11.87	$10.32 - $13.94
Q4 2013	10,300	$131	$13.30	$11.48 - $15.24