RAYONIER INC

Ticker: RYN CUSIP: 754907103 Class: COM

First Eagle Investment Management, LLC's Holding History (CIK: 0001325447)

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

Q3 2014
Shares 4,180,914 Value ($000) $130,194 Avg Close — Range —
Q2 2014
Shares 4,054,553 Value ($000) $144,139 Avg Close — Range —
Q1 2014
Shares 3,960,868 Value ($000) $181,843 Avg Close — Range —
Q4 2013
Shares 3,925,956 Value ($000) $165,283 Avg Close — Range —
Q3 2013
Shares 3,914,376 Value ($000) $217,835 Avg Close — Range —
Q2 2013
Shares 3,857,331 Value ($000) $213,658 Avg Close — Range —