PROGRESSIVE CORP

Ticker: PGR CUSIP: 743315103 Class: COM

Triple Frond Partners LLC's Holding History (CIK: 0001454502)

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

Q3 2015
Shares 1,610,000 Value ($000) $49,330 Avg Close $22.26 Range $20.06 - $23.36
Q2 2015
Shares 1,610,000 Value ($000) $44,806 Avg Close $20.09 Range $19.48 - $21.00
Q1 2015
Shares 1,610,000 Value ($000) $43,792 Avg Close $19.50 Range $18.59 - $20.56
Q4 2014
Shares 1,610,000 Value ($000) $43,454 Avg Close $18.92 Range $17.33 - $19.74
Q3 2014
Shares 1,610,000 Value ($000) $40,701 Avg Close $17.67 Range $16.64 - $18.38
Q2 2014
Shares 1,610,000 Value ($000) $40,830 Avg Close $17.77 Range $16.79 - $18.67
Q1 2014
Shares 1,610,000 Value ($000) $38,994 Avg Close $17.14 Range $16.16 - $18.40
Q4 2013
Shares 600,000 Value ($000) $16,362 Avg Close $18.18 Range $17.40 - $19.24
Q3 2013
Shares 600,000 Value ($000) $16,338 Avg Close $17.48 Range $16.76 - $18.57
Q2 2013
Shares 1,000,000 Value ($000) $25,420 Avg Close $17.04 Range $16.17 - $17.79