NOVARTIS AG

Ticker: NVS CUSIP: 66987V109 Class: SPONSORED ADR

WEDGE CAPITAL MANAGEMENT L L P/NC's Holding History (CIK: 0001015308)

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

Q4 2014

Shares 535,925 Value ($000) $49,659 Avg Close — Range —

Q3 2014

Shares 441,800 Value ($000) $41,587 Avg Close — Range —

Q2 2014

Shares 541,200 Value ($000) $48,995 Avg Close — Range —

Q1 2014

Shares 586,475 Value ($000) $49,862 Avg Close — Range —

Q4 2013

Shares 552,250 Value ($000) $44,390 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2014	535,925	$49,659	—	—
Q3 2014	441,800	$41,587	—	—
Q2 2014	541,200	$48,995	—	—
Q1 2014	586,475	$49,862	—	—
Q4 2013	552,250	$44,390	—	—