WATERS CORP

Ticker: WAT CUSIP: 941848103 Class: COM

AMG National Trust Bank's Holding History (CIK: 0001388829)

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

Q2 2014

Shares 2,148 Value ($000) $224 Avg Close $105.18 Range $97.86 - $114.36

Q1 2014

Shares 2,148 Value ($000) $233 Avg Close $108.40 Range $97.90 - $115.06

Q4 2013

Shares 2,148 Value ($000) $215 Avg Close $100.80 Range $94.50 - $107.13

Q3 2013

Shares 2,148 Value ($000) $228 Avg Close $102.55 Range $97.53 - $108.89

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2014	2,148	$224	$105.18	$97.86 - $114.36
Q1 2014	2,148	$233	$108.40	$97.90 - $115.06
Q4 2013	2,148	$215	$100.80	$94.50 - $107.13
Q3 2013	2,148	$228	$102.55	$97.53 - $108.89