TIMKEN CO

Ticker: TKR CUSIP: 887389104 Class: EQTY

SPX Gestao de Recursos Ltda's Holding History (CIK: 0001589176)

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

Q4 2013

Shares 39,400 Value ($000) $2,170 Avg Close $39.03 Range $35.95 - $44.07

Q3 2013

Shares 51,400 Value ($000) $3,105 Avg Close $42.84 Range $39.37 - $46.06

Q2 2013

Shares 27,000 Value ($000) $1,520 Avg Close $39.57 Range $35.95 - $42.55

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2013	39,400	$2,170	$39.03	$35.95 - $44.07
Q3 2013	51,400	$3,105	$42.84	$39.37 - $46.06
Q2 2013	27,000	$1,520	$39.57	$35.95 - $42.55