PROASSURANCE CORP

Ticker: PRA CUSIP: 74267C106 Class: Common Stock

Pine River Capital Management L.P.'s Holding History (CIK: 0001288136)

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

Q4 2016

Shares 8,400 Value ($000) $472 Avg Close $55.39 Range $50.50 - $63.53

Q1 2016

Shares 22,793 Value ($000) $1,153 Avg Close $49.35 Range $45.78 - $51.24

Q4 2015

Shares 32,308 Value ($000) $1,568 Avg Close $51.37 Range $47.04 - $53.62

Q3 2015

Shares 32,308 Value ($000) $1,585 Avg Close $48.57 Range $46.28 - $50.54

Q2 2015

Shares 35,440 Value ($000) $1,637 Avg Close $45.42 Range $43.11 - $47.13

Q1 2015

Shares 44,838 Value ($000) $2,059 Avg Close $45.47 Range $43.96 - $47.37

Q4 2014

Shares 39,152 Value ($000) $1,768 Avg Close $45.73 Range $43.43 - $48.34

Q3 2014

Shares 5,552 Value ($000) $245 Avg Close $45.04 Range $42.93 - $46.73

Q2 2014

Shares 7,000 Value ($000) $311 Avg Close $44.73 Range $42.96 - $46.25

Q1 2014

Shares 11,100 Value ($000) $494 Avg Close $45.66 Range $42.74 - $48.43

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2016	8,400	$472	$55.39	$50.50 - $63.53
Q1 2016	22,793	$1,153	$49.35	$45.78 - $51.24
Q4 2015	32,308	$1,568	$51.37	$47.04 - $53.62
Q3 2015	32,308	$1,585	$48.57	$46.28 - $50.54
Q2 2015	35,440	$1,637	$45.42	$43.11 - $47.13
Q1 2015	44,838	$2,059	$45.47	$43.96 - $47.37
Q4 2014	39,152	$1,768	$45.73	$43.43 - $48.34
Q3 2014	5,552	$245	$45.04	$42.93 - $46.73
Q2 2014	7,000	$311	$44.73	$42.96 - $46.25
Q1 2014	11,100	$494	$45.66	$42.74 - $48.43