NATIONAL HEALTHCARE CORP

Ticker: NHC CUSIP: 635906100 Class: Common Stock

M&T Bank Corp's Holding History (CIK: 0000036270)

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

Q4 2015

Shares 3,333 Value ($000) $206 Avg Close $64.80 Range $59.68 - $69.40

Q3 2015

Shares 3,383 Value ($000) $206 Avg Close $62.59 Range $58.98 - $66.50

Q2 2015

Shares 3,653 Value ($000) $238 Avg Close $63.47 Range $60.30 - $66.42

Q1 2015

Shares 3,653 Value ($000) $232 Avg Close $63.50 Range $60.70 - $66.00

Q4 2014

Shares 3,776 Value ($000) $238 Avg Close $60.08 Range $54.33 - $64.66

Q3 2014

Shares 4,156 Value ($000) $231 Avg Close $56.49 Range $54.39 - $58.92

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2015	3,333	$206	$64.80	$59.68 - $69.40
Q3 2015	3,383	$206	$62.59	$58.98 - $66.50
Q2 2015	3,653	$238	$63.47	$60.30 - $66.42
Q1 2015	3,653	$232	$63.50	$60.70 - $66.00
Q4 2014	3,776	$238	$60.08	$54.33 - $64.66
Q3 2014	4,156	$231	$56.49	$54.39 - $58.92