NOW INC

Ticker: DNOW CUSIP: 67011P100 Class: COM

Cutler Capital Management, LLC's Holding History (CIK: 0001353098)

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

Q4 2014

Shares 12,138 Value ($000) $312 Avg Close $27.35 Range $22.03 - $30.42

Q3 2014

Shares 13,675 Value ($000) $415 Avg Close $32.74 Range $29.85 - $37.25

Q2 2014

Shares 24,073 Value ($000) $871 Avg Close $33.70 Range $28.00 - $37.65

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2014	12,138	$312	$27.35	$22.03 - $30.42
Q3 2014	13,675	$415	$32.74	$29.85 - $37.25
Q2 2014	24,073	$871	$33.70	$28.00 - $37.65