WATERSTONE FINL INC MD

Ticker: WSBF CUSIP: 94188P101 Class: Common Stock

EJF Capital LP's Holding History (CIK: 0001353254)

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

Q1 2015

Shares 713,513 Value ($000) $9,162 Avg Close $12.90 Range $12.58 - $13.26

Q4 2014

Shares 713,513 Value ($000) $9,383 Avg Close $12.25 Range $11.48 - $13.33

Q3 2014

Shares 700,000 Value ($000) $8,085 Avg Close $11.44 Range $11.00 - $12.14

Q2 2014

Shares 746,003 Value ($000) $8,512 Avg Close $10.72 Range $10.08 - $11.63

Q1 2014

Shares 677,651 Value ($000) $7,041 Avg Close $10.47 Range $10.03 - $10.70

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2015	713,513	$9,162	$12.90	$12.58 - $13.26
Q4 2014	713,513	$9,383	$12.25	$11.48 - $13.33
Q3 2014	700,000	$8,085	$11.44	$11.00 - $12.14
Q2 2014	746,003	$8,512	$10.72	$10.08 - $11.63
Q1 2014	677,651	$7,041	$10.47	$10.03 - $10.70