ROYAL GOLD INC

Ticker: RGLD CUSIP: 780287108 Class: COM

APG Asset Management N.V.'s Holding History (CIK: 0001434819)

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

Q4 2018

Shares 18,300 Value ($000) $1,371 Avg Close $76.98 Range $70.16 - $86.71

Q2 2018

Shares 43,100 Value ($000) $3,427 Avg Close $89.49 Range $85.15 - $93.50

Q1 2018

Shares 62,400 Value ($000) $4,357 Avg Close $84.30 Range $78.78 - $90.51

Q4 2017

Shares 48,000 Value ($000) $3,283 Avg Close $85.67 Range $78.25 - $90.13

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2018	18,300	$1,371	$76.98	$70.16 - $86.71
Q2 2018	43,100	$3,427	$89.49	$85.15 - $93.50
Q1 2018	62,400	$4,357	$84.30	$78.78 - $90.51
Q4 2017	48,000	$3,283	$85.67	$78.25 - $90.13