TEJON RANCH CO

Ticker: TRC CUSIP: 879080109 Class: Common Stock

Portolan Capital Management, LLC's Holding History (CIK: 0001350290)

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

Q4 2014

Shares 77,535 Value ($000) $2,284 Avg Close $28.20 Range $27.05 - $30.52

Q1 2014

Shares 9,712 Value ($000) $329 Avg Close $33.92 Range $31.20 - $35.90

Q4 2013

Shares 9,712 Value ($000) $357 Avg Close $33.19 Range $28.63 - $37.66

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2014	77,535	$2,284	$28.20	$27.05 - $30.52
Q1 2014	9,712	$329	$33.92	$31.20 - $35.90
Q4 2013	9,712	$357	$33.19	$28.63 - $37.66