SOUTHWEST AIRLS CO

Ticker: LUV CUSIP: 844741108 Class: COM

Mountain Lake Investment Management LLC's Holding History (CIK: 0001308555)

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

Q1 2014

Shares 204,731 Value ($000) $4,834 Avg Close $19.19 Range $16.46 - $21.22

Q4 2013

Shares 444,151 Value ($000) $8,368 Avg Close $15.26 Range $12.67 - $16.65

Q3 2013

Shares 595,932 Value ($000) $8,677 Avg Close $11.89 Range $10.97 - $12.96

Q2 2013

Shares 619,354 Value ($000) $7,983 Avg Close $11.86 Range $10.83 - $12.66

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2014	204,731	$4,834	$19.19	$16.46 - $21.22
Q4 2013	444,151	$8,368	$15.26	$12.67 - $16.65
Q3 2013	595,932	$8,677	$11.89	$10.97 - $12.96
Q2 2013	619,354	$7,983	$11.86	$10.83 - $12.66