VALMONT INDS INC

Ticker: VMI CUSIP: 920253101 Class: Common Stock

Godshalk Welsh Capital Management, Inc.'s Holding History (CIK: 0001631775)

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

Q4 2014

Shares 200 Value ($000) $25 Avg Close $133.49 Range $123.44 - $139.31

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2014	200	$25	$133.49	$123.44 - $139.31