US BANCORP DEL

Ticker: USB CUSIP: 902973304 Class: COM NEW

EULAV Asset Management's Holding History (CIK: 0001540826)

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

Q2 2014

Shares 71,200 Value ($000) $3,084 Avg Close $27.92 Range $26.65 - $29.37

Q1 2014

Shares 136,200 Value ($000) $5,838 Avg Close $27.34 Range $25.75 - $29.04

Q4 2013

Shares 136,200 Value ($000) $5,502 Avg Close $25.38 Range $23.60 - $27.00

Q3 2013

Shares 136,200 Value ($000) $4,982 Avg Close $24.34 Range $23.55 - $25.13

Q2 2013

Shares 143,000 Value ($000) $5,169 Avg Close $22.41 Range $20.89 - $23.92

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2014	71,200	$3,084	$27.92	$26.65 - $29.37
Q1 2014	136,200	$5,838	$27.34	$25.75 - $29.04
Q4 2013	136,200	$5,502	$25.38	$23.60 - $27.00
Q3 2013	136,200	$4,982	$24.34	$23.55 - $25.13
Q2 2013	143,000	$5,169	$22.41	$20.89 - $23.92