PAN AMERN SILVER CORP

Ticker: PAAS CUSIP: 697900108 Class: Common Stock

Baltimore-Washington Financial Advisors, Inc.'s Holding History (CIK: 0001555486)

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

Q1 2015

Shares 100 Value ($000) $1 Avg Close $10.27 Range $8.49 - $12.05

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2015	100	$1	$10.27	$8.49 - $12.05