REPUBLIC BANCORP INC KY

Ticker: RBCAA CUSIP: 760281204 Class: Common Stock

EMERALD MUTUAL FUND ADVISERS TRUST's Holding History (CIK: 0001352895)

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

Q3 2013

Shares 18,620 Value ($000) $513 Avg Close $26.76 Range $22.10 - $28.23

Q2 2013

Shares 15,170 Value ($000) $333 Avg Close $22.46 Range $20.58 - $24.49

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2013	18,620	$513	$26.76	$22.10 - $28.23
Q2 2013	15,170	$333	$22.46	$20.58 - $24.49