PITNEY BOWES INC

Ticker: PBI CUSIP: 724479100 Class: EQTY

KENNEDY CAPITAL MANAGEMENT LLC's Holding History (CIK: 0000884589)

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

Q3 2017

Shares 250,262 Value ($000) $3,506 Avg Close $13.73 Range $12.40 - $16.13

Q2 2017

Shares 256,409 Value ($000) $3,872 Avg Close $14.61 Range $12.70 - $16.26

Q1 2017

Shares 156,642 Value ($000) $2,054 Avg Close $14.13 Range $12.31 - $16.60

Q4 2016

Shares 39,341 Value ($000) $598 Avg Close $15.92 Range $14.22 - $18.20

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2017	250,262	$3,506	$13.73	$12.40 - $16.13
Q2 2017	256,409	$3,872	$14.61	$12.70 - $16.26
Q1 2017	156,642	$2,054	$14.13	$12.31 - $16.60
Q4 2016	39,341	$598	$15.92	$14.22 - $18.20