TRANSALTA CORP

Ticker: TAC CUSIP: 89346D107 Class: COM

APG Asset Management N.V.'s Holding History (CIK: 0001434819)

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

Q4 2015

Shares 158,500 Value ($000) $560,255 Avg Close $4.32 Range $2.99 - $5.54

Q3 2015

Shares 523,559 Value ($000) $2,421 Avg Close $5.70 Range $4.21 - $7.82

Q2 2015

Shares 370,463 Value ($000) $2,872 Avg Close $9.00 Range $7.70 - $10.38

Q1 2015

Shares 364,793 Value ($000) $3,384 Avg Close $9.08 Range $8.54 - $9.77

Q4 2014

Shares 358,573 Value ($000) $3,772 Avg Close $9.59 Range $8.29 - $10.64

Q3 2014

Shares 353,555 Value ($000) $3,717 Avg Close $11.42 Range $10.32 - $12.38

Q2 2014

Shares 331,387 Value ($000) $4,069 Avg Close $11.95 Range $11.47 - $12.41

Q1 2014

Shares 293,923 Value ($000) $3,419 Avg Close $12.36 Range $11.20 - $13.67

Q4 2013

Shares 288,763 Value ($000) $3,664 Avg Close $13.25 Range $12.43 - $14.12

Q3 2013

Shares 314,322 Value ($000) $4,092 Avg Close $13.51 Range $12.57 - $14.75

Q2 2013

Shares 359,222 Value ($000) $4,907 Avg Close $14.11 Range $12.15 - $15.37

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2015	158,500	$560,255	$4.32	$2.99 - $5.54
Q3 2015	523,559	$2,421	$5.70	$4.21 - $7.82
Q2 2015	370,463	$2,872	$9.00	$7.70 - $10.38
Q1 2015	364,793	$3,384	$9.08	$8.54 - $9.77
Q4 2014	358,573	$3,772	$9.59	$8.29 - $10.64
Q3 2014	353,555	$3,717	$11.42	$10.32 - $12.38
Q2 2014	331,387	$4,069	$11.95	$11.47 - $12.41
Q1 2014	293,923	$3,419	$12.36	$11.20 - $13.67
Q4 2013	288,763	$3,664	$13.25	$12.43 - $14.12
Q3 2013	314,322	$4,092	$13.51	$12.57 - $14.75
Q2 2013	359,222	$4,907	$14.11	$12.15 - $15.37