PITNEY BOWES INC

Ticker: PBI CUSIP: 724479100 Class: EQTY

KELLY LAWRENCE W & ASSOCIATES INC/CA's Holding History (CIK: 0000920441)

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

Q1 2016
Shares 2,250 Value ($000) $48 Avg Close $19.00 Range $16.24 - $21.60
Q4 2015
Shares 2,250 Value ($000) $46 Avg Close $20.68 Range $19.12 - $21.76