NEW MTN FIN CORP

Ticker: NMFC CUSIP: 647551100 Class: COM

ASHFORD CAPITAL MANAGEMENT INC's Holding History (CIK: 0000897070)

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

Q1 2014

Shares 669,320 Value ($000) $9,739 Avg Close $4.24 Range $4.12 - $4.35

Q4 2013

Shares 672,770 Value ($000) $10,118 Avg Close $4.07 Range $3.89 - $4.33

Q3 2013

Shares 677,770 Value ($000) $9,767 Avg Close $3.96 Range $3.80 - $4.10

Q2 2013

Shares 692,470 Value ($000) $9,805 Avg Close $3.91 Range $3.62 - $4.13

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2014	669,320	$9,739	$4.24	$4.12 - $4.35
Q4 2013	672,770	$10,118	$4.07	$3.89 - $4.33
Q3 2013	677,770	$9,767	$3.96	$3.80 - $4.10
Q2 2013	692,470	$9,805	$3.91	$3.62 - $4.13