SLM CORP

Ticker: SLM CUSIP: 78442P106 Class: Common Stock

LEUTHOLD GROUP, LLC's Holding History (CIK: 0001170152)

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

Q4 2014

Shares 303,217 Value ($000) $3,090 Avg Close $9.56 Range $8.34 - $10.47

Q3 2014

Shares 367,913 Value ($000) $3,149 Avg Close $8.77 Range $8.19 - $9.23

Q2 2014

Shares 389,174 Value ($000) $3,234 Avg Close $8.81 Range $8.20 - $9.51

Q1 2014

Shares 389,456 Value ($000) $9,534 Avg Close $8.73 Range $7.53 - $9.77

Q4 2013

Shares 531,502 Value ($000) $13,968 Avg Close $9.19 Range $8.55 - $9.58

Q3 2013

Shares 368,142 Value ($000) $9,167 Avg Close $8.73 Range $8.11 - $9.11

Q2 2013

Shares 320,646 Value ($000) $7,330 Avg Close $7.81 Range $6.90 - $9.35

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2014	303,217	$3,090	$9.56	$8.34 - $10.47
Q3 2014	367,913	$3,149	$8.77	$8.19 - $9.23
Q2 2014	389,174	$3,234	$8.81	$8.20 - $9.51
Q1 2014	389,456	$9,534	$8.73	$7.53 - $9.77
Q4 2013	531,502	$13,968	$9.19	$8.55 - $9.58
Q3 2013	368,142	$9,167	$8.73	$8.11 - $9.11
Q2 2013	320,646	$7,330	$7.81	$6.90 - $9.35