NATIONAL HEALTHCARE CORP

Ticker: NHC CUSIP: 635906100 Class: Common Stock

HUSSMAN STRATEGIC ADVISORS, INC.'s Holding History (CIK: 0001179475)

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

Q2 2014

Shares 2,000 Value ($000) $113 Avg Close $54.45 Range $50.91 - $58.15

Q1 2014

Shares 4,000 Value ($000) $223 Avg Close $52.41 Range $49.06 - $56.91

Q4 2013

Shares 4,000 Value ($000) $216 Avg Close $51.13 Range $46.82 - $56.69

Q3 2013

Shares 4,000 Value ($000) $189 Avg Close $47.79 Range $45.30 - $50.82

Q2 2013

Shares 4,000 Value ($000) $191 Avg Close $46.69 Range $44.68 - $48.55

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2014	2,000	$113	$54.45	$50.91 - $58.15
Q1 2014	4,000	$223	$52.41	$49.06 - $56.91
Q4 2013	4,000	$216	$51.13	$46.82 - $56.69
Q3 2013	4,000	$189	$47.79	$45.30 - $50.82
Q2 2013	4,000	$191	$46.69	$44.68 - $48.55