PENSKE AUTOMOTIVE GRP INC

Ticker: PAG CUSIP: 70959W103 Class: Stock

Philadelphia Financial Management of San Francisco, LLC's Holding History (CIK: 0001351407)

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

Q1 2019

Shares 240,047 Value ($000) $10,718 Avg Close $44.30 Range $39.93 - $48.55

Q4 2018

Shares 475,601 Value ($000) $19,176 Avg Close $43.24 Range $38.49 - $48.58

Q2 2018

Shares 297,384 Value ($000) $13,932 Avg Close $47.16 Range $41.74 - $51.85

Q1 2018

Shares 176,787 Value ($000) $7,837 Avg Close $48.49 Range $42.43 - $54.83

Q3 2017

Shares 208,640 Value ($000) $9,925 Avg Close $43.19 Range $38.33 - $47.63

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2019	240,047	$10,718	$44.30	$39.93 - $48.55
Q4 2018	475,601	$19,176	$43.24	$38.49 - $48.58
Q2 2018	297,384	$13,932	$47.16	$41.74 - $51.85
Q1 2018	176,787	$7,837	$48.49	$42.43 - $54.83
Q3 2017	208,640	$9,925	$43.19	$38.33 - $47.63