NORTHWEST PIPE CO

Ticker: NWPX CUSIP: 667746101 Class: Common Stock

Baker Ellis Asset Management LLC's Holding History (CIK: 0001365559)

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

Q4 2014

Shares 18,487 Value ($000) $557 Avg Close $32.30 Range $26.03 - $36.07

Q3 2014

Shares 20,687 Value ($000) $705 Avg Close $36.77 Range $32.90 - $41.43

Q2 2014

Shares 21,932 Value ($000) $885 Avg Close $36.33 Range $33.15 - $40.54

Q1 2014

Shares 24,158 Value ($000) $874 Avg Close $35.69 Range $32.43 - $38.48

Q4 2013

Shares 24,468 Value ($000) $924 Avg Close $36.44 Range $31.51 - $39.62

Q3 2013

Shares 22,640 Value ($000) $744 Avg Close $29.80 Range $27.51 - $33.00

Q2 2013

Shares 22,240 Value ($000) $620 Avg Close $27.10 Range $24.70 - $28.52

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2014	18,487	$557	$32.30	$26.03 - $36.07
Q3 2014	20,687	$705	$36.77	$32.90 - $41.43
Q2 2014	21,932	$885	$36.33	$33.15 - $40.54
Q1 2014	24,158	$874	$35.69	$32.43 - $38.48
Q4 2013	24,468	$924	$36.44	$31.51 - $39.62
Q3 2013	22,640	$744	$29.80	$27.51 - $33.00
Q2 2013	22,240	$620	$27.10	$24.70 - $28.52