TEJON RANCH CO

CUSIP: 879080133 Class: *W EXP 08/31/201

THIRD AVENUE MANAGEMENT LLC's Holding History (CIK: 0001099281)

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

Q2 2016
Shares 352,189 Value ($000) $0 Avg Close — Range —
Q1 2016
Shares 352,189 Value ($000) $0 Avg Close — Range —
Q4 2015
Shares 354,918 Value ($000) $3 Avg Close — Range —
Q3 2015
Shares 357,332 Value ($000) $57 Avg Close — Range —
Q2 2015
Shares 359,332 Value ($000) $177 Avg Close — Range —
Q1 2015
Shares 359,332 Value ($000) $287 Avg Close — Range —
Q4 2014
Shares 359,332 Value ($000) $629 Avg Close — Range —
Q3 2014
Shares 359,332 Value ($000) $737 Avg Close — Range —
Q2 2014
Shares 372,079 Value ($000) $1,090 Avg Close — Range —
Q1 2014
Shares 372,079 Value ($000) $1,358 Avg Close — Range —
Q4 2013
Shares 372,079 Value ($000) $1,991 Avg Close — Range —
Q3 2013
Shares 372,073 Value ($000) $1,027 Avg Close — Range —