VALERO ENERGY CORP

Ticker: VLO CUSIP: 91913Y100 Class: COM

Sarasin & Partners LLP's Holding History (CIK: 0001510481)

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

Q3 2014

Shares 675,164 Value ($000) $31,240 Avg Close $32.63 Range $29.66 - $35.41

Q2 2014

Shares 753,509 Value ($000) $37,751 Avg Close $35.48 Range $32.27 - $38.33

Q1 2014

Shares 2,234,569 Value ($000) $118,656 Avg Close $32.81 Range $29.32 - $35.94

Q4 2013

Shares 2,488,196 Value ($000) $125,405 Avg Close $26.85 Range $21.10 - $32.29

Q3 2013

Shares 2,517,965 Value ($000) $85,989 Avg Close $22.41 Range $20.85 - $23.70

Q2 2013

Shares 2,537,551 Value ($000) $88,231 Avg Close $24.01 Range $21.02 - $26.98

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	675,164	$31,240	$32.63	$29.66 - $35.41
Q2 2014	753,509	$37,751	$35.48	$32.27 - $38.33
Q1 2014	2,234,569	$118,656	$32.81	$29.32 - $35.94
Q4 2013	2,488,196	$125,405	$26.85	$21.10 - $32.29
Q3 2013	2,517,965	$85,989	$22.41	$20.85 - $23.70
Q2 2013	2,537,551	$88,231	$24.01	$21.02 - $26.98