PEMBINA PIPELINE CORP

Ticker: PBA CUSIP: 706327103 Class: Common Stock

NOVARE CAPITAL MANAGEMENT LLC's Holding History (CIK: 0001388409)

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

Q3 2014

Shares 4,800 Value ($000) $202 Avg Close $24.32 Range $22.26 - $27.03

Q2 2014

Shares 4,800 Value ($000) $206 Avg Close $21.91 Range $20.45 - $23.64

Q1 2014

Shares 7,450 Value ($000) $284 Avg Close $19.11 Range $18.13 - $20.92

Q4 2013

Shares 6,950 Value ($000) $245 Avg Close $17.57 Range $16.70 - $19.04

Q3 2013

Shares 7,035 Value ($000) $233 Avg Close $16.59 Range $15.86 - $17.74

Q2 2013

Shares 6,950 Value ($000) $213 Avg Close $16.65 Range $15.11 - $18.08

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	4,800	$202	$24.32	$22.26 - $27.03
Q2 2014	4,800	$206	$21.91	$20.45 - $23.64
Q1 2014	7,450	$284	$19.11	$18.13 - $20.92
Q4 2013	6,950	$245	$17.57	$16.70 - $19.04
Q3 2013	7,035	$233	$16.59	$15.86 - $17.74
Q2 2013	6,950	$213	$16.65	$15.11 - $18.08