NORTHWESTERN CORP

Ticker: NWE CUSIP: 668074305 Class: EQTY

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

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

Q1 2016

Shares 188,357 Value ($000) $11,631 Avg Close $38.33 Range $34.60 - $41.62

Q4 2015

Shares 93,183 Value ($000) $5,055 Avg Close $35.84 Range $33.71 - $37.52

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2016	188,357	$11,631	$38.33	$34.60 - $41.62
Q4 2015	93,183	$5,055	$35.84	$33.71 - $37.52