VALERO ENERGY CORP

Ticker: VLO CUSIP: 91913Y100 Class: COM

WHITEBOX ADVISORS LLC's Holding History (CIK: 0001257391)

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

Q4 2014

Shares 221,609 Value ($000) $10,970 Avg Close $31.49 Range $27.58 - $33.97

Q3 2014

Shares 240,311 Value ($000) $11,119 Avg Close $32.63 Range $29.66 - $35.41

Q2 2014

Shares 167,293 Value ($000) $8,381 Avg Close $35.48 Range $32.27 - $38.33

Q1 2014

Shares 136,950 Value ($000) $7,272 Avg Close $32.81 Range $29.32 - $35.94

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2014	221,609	$10,970	$31.49	$27.58 - $33.97
Q3 2014	240,311	$11,119	$32.63	$29.66 - $35.41
Q2 2014	167,293	$8,381	$35.48	$32.27 - $38.33
Q1 2014	136,950	$7,272	$32.81	$29.32 - $35.94