PITNEY BOWES INC

Ticker: PBI CUSIP: 724479100 Class: EQTY

Fiera Capital Corp's Holding History (CIK: 0001505817)

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

Q4 2013

Shares 87,700 Value ($000) $2,043 Avg Close $21.51 Range $18.21 - $24.18

Q3 2013

Shares 124,600 Value ($000) $2,266 Avg Close $16.40 Range $13.76 - $18.82

Q2 2013

Shares 122,700 Value ($000) $1,801 Avg Close $14.77 Range $13.12 - $16.43

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2013	87,700	$2,043	$21.51	$18.21 - $24.18
Q3 2013	124,600	$2,266	$16.40	$13.76 - $18.82
Q2 2013	122,700	$1,801	$14.77	$13.12 - $16.43