NATIONAL BK HLDGS CORP

Ticker: NBHC CUSIP: 633707104 Class: Common Stock

NORDEA INVESTMENT MANAGEMENT AB's Holding History (CIK: 0001218210)

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

Q4 2014

Shares 114,478 Value ($000) $2,222 Avg Close $15.33 Range $14.41 - $15.87

Q3 2014

Shares 125,523 Value ($000) $2,400 Avg Close $15.76 Range $15.03 - $16.58

Q2 2014

Shares 123,798 Value ($000) $2,469 Avg Close $15.51 Range $14.65 - $16.33

Q1 2014

Shares 117,278 Value ($000) $2,354 Avg Close $15.94 Range $14.82 - $16.96

Q4 2013

Shares 150,973 Value ($000) $3,231 Avg Close $16.38 Range $15.65 - $17.28

Q3 2013

Shares 138,748 Value ($000) $2,850 Avg Close $15.78 Range $14.58 - $16.85

Q2 2013

Shares 106,658 Value ($000) $2,101 Avg Close $14.46 Range $13.86 - $15.57

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2014	114,478	$2,222	$15.33	$14.41 - $15.87
Q3 2014	125,523	$2,400	$15.76	$15.03 - $16.58
Q2 2014	123,798	$2,469	$15.51	$14.65 - $16.33
Q1 2014	117,278	$2,354	$15.94	$14.82 - $16.96
Q4 2013	150,973	$3,231	$16.38	$15.65 - $17.28
Q3 2013	138,748	$2,850	$15.78	$14.58 - $16.85
Q2 2013	106,658	$2,101	$14.46	$13.86 - $15.57