VALMONT INDS INC

Ticker: VMI CUSIP: 920253101 Class: Common Stock

DIVIDEND ASSETS CAPITAL, LLC's Holding History (CIK: 0001365167)

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

Q1 2014

Shares 2,465 Value ($000) $367 Avg Close $147.92 Range $141.74 - $155.64

Q4 2013

Shares 2,645 Value ($000) $394 Avg Close $141.23 Range $129.00 - $150.58

Q3 2013

Shares 1,775 Value ($000) $247 Avg Close $142.95 Range $133.38 - $153.16

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2014	2,465	$367	$147.92	$141.74 - $155.64
Q4 2013	2,645	$394	$141.23	$129.00 - $150.58
Q3 2013	1,775	$247	$142.95	$133.38 - $153.16