PITNEY BOWES INC

Ticker: PBI CUSIP: 724479100 Class: EQTY

APG Asset Management N.V.'s Holding History (CIK: 0001434819)

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

Q3 2014

Shares 61,382 Value ($000) $1,534 Avg Close $26.74 Range $24.63 - $28.37

Q2 2014

Shares 47,282 Value ($000) $1,306 Avg Close $26.63 Range $24.06 - $28.23

Q1 2014

Shares 233,879 Value ($000) $6,079 Avg Close $24.66 Range $21.01 - $26.63

Q4 2013

Shares 71,275 Value ($000) $1,661 Avg Close $21.51 Range $18.21 - $24.18

Q3 2013

Shares 71,275 Value ($000) $1,296 Avg Close $16.40 Range $13.76 - $18.82

Q2 2013

Shares 271,975 Value ($000) $3,993 Avg Close $14.77 Range $13.12 - $16.43

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	61,382	$1,534	$26.74	$24.63 - $28.37
Q2 2014	47,282	$1,306	$26.63	$24.06 - $28.23
Q1 2014	233,879	$6,079	$24.66	$21.01 - $26.63
Q4 2013	71,275	$1,661	$21.51	$18.21 - $24.18
Q3 2013	71,275	$1,296	$16.40	$13.76 - $18.82
Q2 2013	271,975	$3,993	$14.77	$13.12 - $16.43