POWERSHARES EXCH TD FD

CUSIP: 739358870 Class: EXCH TD FD

Horrell Capital Management, Inc.'s Holding History (CIK: 0001385925)

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

Q1 2015

Shares 280 Value ($000) $7 Avg Close — Range —

Q4 2014

Shares 280 Value ($000) $7 Avg Close — Range —

Q3 2014

Shares 280 Value ($000) $7 Avg Close — Range —

Q2 2014

Shares 280 Value ($000) $7 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2015	280	$7	—	—
Q4 2014	280	$7	—	—
Q3 2014	280	$7	—	—
Q2 2014	280	$7	—	—