TIPTREE INC

Ticker: TIPT CUSIP: 88822Q103 Class: REIT

Independent Order of Foresters's Holding History (CIK: 0001538037)

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

Q2 2014

Shares 17,550 Value ($000) $152 Avg Close $9.25 Range $7.05 - $13.98

Q1 2014

Shares 17,550 Value ($000) $130 Avg Close $7.46 Range $6.48 - $8.25

Q4 2013

Shares 17,550 Value ($000) $128 Avg Close $7.58 Range $6.71 - $8.00

Q3 2013

Shares 17,550 Value ($000) $133 Avg Close $7.42 Range $5.00 - $10.00

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2014	17,550	$152	$9.25	$7.05 - $13.98
Q1 2014	17,550	$130	$7.46	$6.48 - $8.25
Q4 2013	17,550	$128	$7.58	$6.71 - $8.00
Q3 2013	17,550	$133	$7.42	$5.00 - $10.00