SMUCKER J M CO

Ticker: SJM CUSIP: 832696405 Class: COM NEW

Matthew 25 Management Corp's Holding History (CIK: 0001351431)

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

Q1 2014

Shares 92,500 Value ($000) $8,994,700 Avg Close $68.74 Range $61.78 - $73.06

Q4 2013

Shares 80,000 Value ($000) $8,289,600 Avg Close $74.55 Range $70.12 - $79.19

Q3 2013

Shares 85,500 Value ($000) $8,980,920 Avg Close $75.72 Range $70.76 - $80.02

Q2 2013

Shares 85,500 Value ($000) $8,819 Avg Close $70.84 Range $67.48 - $73.36

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2014	92,500	$8,994,700	$68.74	$61.78 - $73.06
Q4 2013	80,000	$8,289,600	$74.55	$70.12 - $79.19
Q3 2013	85,500	$8,980,920	$75.72	$70.76 - $80.02
Q2 2013	85,500	$8,819	$70.84	$67.48 - $73.36