SHORE BANCSHARES INC

Ticker: SHBI CUSIP: 825107105 Class: Common Stock

Arbiter Partners Capital Management LLC's Holding History (CIK: 0001513193)

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

Q1 2016
Shares 39,684 Value ($000) $475 Avg Close $11.35 Range $10.36 - $12.59
Q4 2015
Shares 75,000 Value ($000) $816 Avg Close $10.16 Range $9.32 - $11.00
Q3 2015
Shares 75,000 Value ($000) $729 Avg Close $9.48 Range $9.13 - $9.85
Q2 2015
Shares 75,000 Value ($000) $707 Avg Close $9.33 Range $9.01 - $9.94
Q1 2015
Shares 75,000 Value ($000) $688 Avg Close $9.24 Range $8.51 - $9.54
Q4 2014
Shares 75,000 Value ($000) $701 Avg Close $9.24 Range $8.87 - $9.78
Q3 2014
Shares 75,000 Value ($000) $675 Avg Close $8.94 Range $8.61 - $9.25
Q2 2014
Shares 75,000 Value ($000) $676 Avg Close $9.34 Range $8.57 - $10.49