PHILIP MORRIS INTL INC

Ticker: PM CUSIP: 718172109 Class: Common Stock

Aspen Investment Management Inc's Holding History (CIK: 0001541596)

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

Q1 2014

Shares 2,622 Value ($000) $215 Avg Close $44.74 Range $41.65 - $48.24

Q4 2013

Shares 2,822 Value ($000) $246 Avg Close $47.83 Range $45.86 - $50.23

Q3 2013

Shares 2,947 Value ($000) $255 Avg Close $47.38 Range $44.86 - $49.49

Q2 2013

Shares 2,947 Value ($000) $255 Avg Close $49.85 Range $46.13 - $51.86

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2014	2,622	$215	$44.74	$41.65 - $48.24
Q4 2013	2,822	$246	$47.83	$45.86 - $50.23
Q3 2013	2,947	$255	$47.38	$44.86 - $49.49
Q2 2013	2,947	$255	$49.85	$46.13 - $51.86