NEW JERSEY RES CORP

Ticker: NJR CUSIP: 646025106 Class: COM

Copeland Capital Management, LLC's Holding History (CIK: 0001541743)

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

Q2 2016

Shares 156,710 Value ($000) $6,041 Avg Close $26.20 Range $24.59 - $28.14

Q1 2016

Shares 195,876 Value ($000) $7,136 Avg Close $25.00 Range $23.27 - $26.72

Q4 2015

Shares 162,272 Value ($000) $5,348 Avg Close $21.93 Range $20.18 - $24.53

Q2 2015

Shares 576,690 Value ($000) $15,888 Avg Close $21.03 Range $18.95 - $22.51

Q1 2015

Shares 449,581 Value ($000) $13,964 Avg Close $21.91 Range $20.15 - $23.50

Q4 2014

Shares 224,723 Value ($000) $13,753 Avg Close $19.69 Range $17.05 - $22.40

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2016	156,710	$6,041	$26.20	$24.59 - $28.14
Q1 2016	195,876	$7,136	$25.00	$23.27 - $26.72
Q4 2015	162,272	$5,348	$21.93	$20.18 - $24.53
Q2 2015	576,690	$15,888	$21.03	$18.95 - $22.51
Q1 2015	449,581	$13,964	$21.91	$20.15 - $23.50
Q4 2014	224,723	$13,753	$19.69	$17.05 - $22.40