VALMONT INDS INC

Ticker: VMI CUSIP: 920253101 Class: Common Stock

COMMERZBANK AKTIENGESELLSCHAFT /FI's Holding History (CIK: 0000852933)

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

Q4 2013

Shares 2,906 Value ($000) $425 Avg Close $141.23 Range $129.00 - $150.58

Q3 2013

Shares 2,788 Value ($000) $387 Avg Close $142.95 Range $133.38 - $153.16

Q2 2013

Shares 2,903 Value ($000) $415 Avg Close $146.58 Range $132.16 - $157.99

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2013	2,906	$425	$141.23	$129.00 - $150.58
Q3 2013	2,788	$387	$142.95	$133.38 - $153.16
Q2 2013	2,903	$415	$146.58	$132.16 - $157.99