RAYONIER INC

Ticker: RYN CUSIP: 754907103 Class: COM

O'SHAUGHNESSY ASSET MANAGEMENT, LLC's Holding History (CIK: 0001423442)

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

Q2 2014
Shares 150 Value ($000) $5 Avg Close — Range —
Q1 2014
Shares 150 Value ($000) $7 Avg Close — Range —
Q4 2013
Shares 265 Value ($000) $11 Avg Close — Range —
Q3 2013
Shares 280 Value ($000) $16 Avg Close — Range —
Q2 2013
Shares 231 Value ($000) $13 Avg Close — Range —