NORTHWESTERN CORP

Ticker: NWE CUSIP: 668074305 Class: EQTY

BRASADA CAPITAL MANAGEMENT, LP's Holding History (CIK: 0001643833)

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

Q4 2018

Shares 1,000 Value ($000) $59 Avg Close $45.03 Range $41.21 - $48.18

Q3 2018

Shares 1,000 Value ($000) $59 Avg Close $43.15 Range $40.65 - $45.13

Q2 2018

Shares 1,000 Value ($000) $57 Avg Close $39.06 Range $37.03 - $41.93

Q4 2017

Shares 1,000 Value ($000) $60 Avg Close $42.54 Range $39.78 - $45.45

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2018	1,000	$59	$45.03	$41.21 - $48.18
Q3 2018	1,000	$59	$43.15	$40.65 - $45.13
Q2 2018	1,000	$57	$39.06	$37.03 - $41.93
Q4 2017	1,000	$60	$42.54	$39.78 - $45.45