WESTWOOD HLDGS GROUP INC

Ticker: WHG CUSIP: 961765104 Class: Common Stock

THIRD AVENUE MANAGEMENT LLC's Holding History (CIK: 0001099281)

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

Q3 2014

Shares 315,624 Value ($000) $17,893 Avg Close $57.79 Range $51.30 - $62.82

Q2 2014

Shares 414,877 Value ($000) $24,909 Avg Close $58.70 Range $53.83 - $63.62

Q1 2014

Shares 414,877 Value ($000) $26,009 Avg Close $58.62 Range $53.11 - $63.22

Q4 2013

Shares 414,877 Value ($000) $25,685 Avg Close $54.49 Range $47.29 - $62.26

Q3 2013

Shares 414,877 Value ($000) $19,935 Avg Close $48.56 Range $42.51 - $51.03

Q2 2013

Shares 414,877 Value ($000) $17,807 Avg Close $43.23 Range $40.47 - $45.85

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	315,624	$17,893	$57.79	$51.30 - $62.82
Q2 2014	414,877	$24,909	$58.70	$53.83 - $63.62
Q1 2014	414,877	$26,009	$58.62	$53.11 - $63.22
Q4 2013	414,877	$25,685	$54.49	$47.29 - $62.26
Q3 2013	414,877	$19,935	$48.56	$42.51 - $51.03
Q2 2013	414,877	$17,807	$43.23	$40.47 - $45.85