WORLD FUEL SVCS CORP

Ticker: WKC CUSIP: 981475106 Class: Common Stock

FIDUCIARY MANAGEMENT INC /WI/'s Holding History (CIK: 0000764532)

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

Q1 2014

Shares 980,575 Value ($000) $43,243 Avg Close $44.22 Range $41.00 - $45.89

Q4 2013

Shares 1,651,979 Value ($000) $71,299 Avg Close $39.38 Range $36.37 - $43.39

Q3 2013

Shares 1,663,859 Value ($000) $62,079 Avg Close $38.51 Range $34.57 - $42.77

Q2 2013

Shares 1,630,579 Value ($000) $65,191 Avg Close $39.79 Range $36.98 - $42.20

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2014	980,575	$43,243	$44.22	$41.00 - $45.89
Q4 2013	1,651,979	$71,299	$39.38	$36.37 - $43.39
Q3 2013	1,663,859	$62,079	$38.51	$34.57 - $42.77
Q2 2013	1,630,579	$65,191	$39.79	$36.98 - $42.20