PHILIP MORRIS INTL INC

Ticker: PM CUSIP: 718172109 Class: Common Stock

National Mutual Insurance Federation of Agricultural Cooperatives's Holding History (CIK: 0001542927)

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

Q2 2014

Shares 8,400 Value ($000) $708 Avg Close $48.23 Range $45.73 - $51.29

Q1 2014

Shares 26,400 Value ($000) $2,161 Avg Close $44.74 Range $41.65 - $48.24

Q4 2013

Shares 26,400 Value ($000) $2,300 Avg Close $47.83 Range $45.86 - $50.23

Q3 2013

Shares 26,400 Value ($000) $2,286 Avg Close $47.38 Range $44.86 - $49.49

Q2 2013

Shares 26,400 Value ($000) $2,287 Avg Close $49.85 Range $46.13 - $51.86

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2014	8,400	$708	$48.23	$45.73 - $51.29
Q1 2014	26,400	$2,161	$44.74	$41.65 - $48.24
Q4 2013	26,400	$2,300	$47.83	$45.86 - $50.23
Q3 2013	26,400	$2,286	$47.38	$44.86 - $49.49
Q2 2013	26,400	$2,287	$49.85	$46.13 - $51.86