PHILLIPS 66

Ticker: PSX CUSIP: 718546104 Class: COM

Westchester Capital Management, Inc.'s Holding History (CIK: 0001390063)

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

Q2 2014

Shares 260 Value ($000) $21 Avg Close $54.20 Range $49.97 - $57.44

Q1 2014

Shares 260 Value ($000) $20 Avg Close $49.82 Range $44.88 - $52.73

Q4 2013

Shares 260 Value ($000) $20 Avg Close $43.41 Range $36.64 - $50.43

Q3 2013

Shares 260 Value ($000) $15 Avg Close $37.50 Range $35.35 - $39.98

Q2 2013

Shares 260 Value ($000) $15 Avg Close $40.44 Range $36.04 - $45.07

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2014	260	$21	$54.20	$49.97 - $57.44
Q1 2014	260	$20	$49.82	$44.88 - $52.73
Q4 2013	260	$20	$43.41	$36.64 - $50.43
Q3 2013	260	$15	$37.50	$35.35 - $39.98
Q2 2013	260	$15	$40.44	$36.04 - $45.07