PHILIP MORRIS INTL INC

Ticker: PM CUSIP: 718172109 Class: Common Stock

Davis Selected Advisers's Holding History (CIK: 0001036325)

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

Q4 2014

Shares 58,067 Value ($000) $4,730 Avg Close $49.22 Range $46.45 - $51.65

Q3 2014

Shares 991,480 Value ($000) $82,674 Avg Close $47.89 Range $45.93 - $49.13

Q2 2014

Shares 2,259,796 Value ($000) $190,534 Avg Close $48.23 Range $45.73 - $51.29

Q1 2014

Shares 2,599,643 Value ($000) $212,833 Avg Close $44.74 Range $41.65 - $48.24

Q4 2013

Shares 3,728,580 Value ($000) $324,871 Avg Close $47.83 Range $45.86 - $50.23

Q3 2013

Shares 3,788,142 Value ($000) $328,015 Avg Close $47.38 Range $44.86 - $49.49

Q2 2013

Shares 3,833,504 Value ($000) $332,058 Avg Close $49.85 Range $46.13 - $51.86

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2014	58,067	$4,730	$49.22	$46.45 - $51.65
Q3 2014	991,480	$82,674	$47.89	$45.93 - $49.13
Q2 2014	2,259,796	$190,534	$48.23	$45.73 - $51.29
Q1 2014	2,599,643	$212,833	$44.74	$41.65 - $48.24
Q4 2013	3,728,580	$324,871	$47.83	$45.86 - $50.23
Q3 2013	3,788,142	$328,015	$47.38	$44.86 - $49.49
Q2 2013	3,833,504	$332,058	$49.85	$46.13 - $51.86