ROYAL GOLD INC

Ticker: RGLD CUSIP: 780287108 Class: COM

Dean Capital Management's Holding History (CIK: 0001455468)

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

Q3 2015

Shares 11,580 Value ($000) $544 Avg Close $51.44 Range $42.21 - $63.99

Q3 2014

Shares 2,505 Value ($000) $162 Avg Close $74.64 Range $63.86 - $82.84

Q2 2014

Shares 2,860 Value ($000) $217 Avg Close $66.09 Range $58.86 - $76.85

Q1 2014

Shares 2,735 Value ($000) $171 Avg Close $61.49 Range $47.02 - $72.90

Q4 2013

Shares 3,100 Value ($000) $142 Avg Close $47.17 Range $42.56 - $53.76

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2015	11,580	$544	$51.44	$42.21 - $63.99
Q3 2014	2,505	$162	$74.64	$63.86 - $82.84
Q2 2014	2,860	$217	$66.09	$58.86 - $76.85
Q1 2014	2,735	$171	$61.49	$47.02 - $72.90
Q4 2013	3,100	$142	$47.17	$42.56 - $53.76