PROGRESSIVE CORP

Ticker: PGR CUSIP: 743315103 Class: COM

Spark Investment Management LLC's Holding History (CIK: 0001554871)

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

Q1 2014

Shares 51,200 Value ($000) $1,240 Avg Close $17.14 Range $16.16 - $18.40

Q4 2013

Shares 80,800 Value ($000) $2,203 Avg Close $18.18 Range $17.40 - $19.24

Q3 2013

Shares 80,800 Value ($000) $2,200 Avg Close $17.48 Range $16.76 - $18.57

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2014	51,200	$1,240	$17.14	$16.16 - $18.40
Q4 2013	80,800	$2,203	$18.18	$17.40 - $19.24
Q3 2013	80,800	$2,200	$17.48	$16.76 - $18.57