PENSKE AUTOMOTIVE GRP INC

Ticker: PAG CUSIP: 70959W103 Class: Stock

Horizon Investment Services, LLC's Holding History (CIK: 0001426940)

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

Q2 2014

Shares 50,102 Value ($000) $2,480 Avg Close $45.63 Range $41.05 - $49.86

Q1 2014

Shares 48,377 Value ($000) $2,219 Avg Close $43.44 Range $39.78 - $47.08

Q4 2013

Shares 35,812 Value ($000) $1,689 Avg Close $42.73 Range $37.07 - $47.79

Q3 2013

Shares 13,015 Value ($000) $556 Avg Close $38.27 Range $30.36 - $43.29

Q2 2013

Shares 11,758 Value ($000) $359 Avg Close $31.18 Range $27.61 - $33.52

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2014	50,102	$2,480	$45.63	$41.05 - $49.86
Q1 2014	48,377	$2,219	$43.44	$39.78 - $47.08
Q4 2013	35,812	$1,689	$42.73	$37.07 - $47.79
Q3 2013	13,015	$556	$38.27	$30.36 - $43.29
Q2 2013	11,758	$359	$31.18	$27.61 - $33.52