PNM RES INC

Ticker: TXNM CUSIP: 69349H107 Class: EQTY

DONALD SMITH & CO., INC.'s Holding History (CIK: 0000814375)

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

Q3 2013

Shares 231,806 Value ($000) $5,246 Avg Close $22.75 Range $21.11 - $24.39

Q2 2013

Shares 524,485 Value ($000) $11,638 Avg Close $22.83 Range $21.11 - $24.01

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2013	231,806	$5,246	$22.75	$21.11 - $24.39
Q2 2013	524,485	$11,638	$22.83	$21.11 - $24.01