VALMONT INDS INC

Ticker: VMI CUSIP: 920253101 Class: Common Stock

DENALI ADVISORS LLC's Holding History (CIK: 0001142941)

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

Q2 2014

Shares 3,200 Value ($000) $486 Avg Close $153.91 Range $143.02 - $163.23

Q1 2014

Shares 3,200 Value ($000) $476 Avg Close $147.92 Range $141.74 - $155.64

Q4 2013

Shares 3,200 Value ($000) $477 Avg Close $141.23 Range $129.00 - $150.58

Q3 2013

Shares 3,600 Value ($000) $500 Avg Close $142.95 Range $133.38 - $153.16

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2014	3,200	$486	$153.91	$143.02 - $163.23
Q1 2014	3,200	$476	$147.92	$141.74 - $155.64
Q4 2013	3,200	$477	$141.23	$129.00 - $150.58
Q3 2013	3,600	$500	$142.95	$133.38 - $153.16