SCHWEITZER-MAUDUIT INTL INC

Ticker: MATV CUSIP: 808541106 Class: Common Stock

SHEPHERD KAPLAN KROCHUK, LLC's Holding History (CIK: 0001218583)

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

Q3 2016

Shares 8,472 Value ($000) $327 Avg Close $24.15 Range $21.76 - $25.79

Q2 2016

Shares 8,472 Value ($000) $299 Avg Close $21.16 Range $18.85 - $22.85

Q1 2016

Shares 8,472 Value ($000) $267 Avg Close $22.15 Range $18.11 - $25.98

Q4 2015

Shares 13,685 Value ($000) $575 Avg Close $24.50 Range $20.79 - $26.78

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2016	8,472	$327	$24.15	$21.76 - $25.79
Q2 2016	8,472	$299	$21.16	$18.85 - $22.85
Q1 2016	8,472	$267	$22.15	$18.11 - $25.98
Q4 2015	13,685	$575	$24.50	$20.79 - $26.78