NORTHERN TR CORP

Ticker: NTRS CUSIP: 665859104 Class: COM

Ruffer LLP's Holding History (CIK: 0001426859)

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

Q1 2016

Shares 10,070 Value ($000) $656 Avg Close $47.88 Range $41.46 - $54.24

Q4 2015

Shares 10,070 Value ($000) $726 Avg Close $54.64 Range $49.15 - $57.77

Q3 2013

Shares 25,000 Value ($000) $1,374 Avg Close $41.67 Range $39.30 - $44.95

Q2 2013

Shares 25,000 Value ($000) $1,448 Avg Close $40.35 Range $37.41 - $42.83

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2016	10,070	$656	$47.88	$41.46 - $54.24
Q4 2015	10,070	$726	$54.64	$49.15 - $57.77
Q3 2013	25,000	$1,374	$41.67	$39.30 - $44.95
Q2 2013	25,000	$1,448	$40.35	$37.41 - $42.83