DEUTSCHE BANK A G

Ticker: DB CUSIP: D18190898 Class: Common Stock

HOURGLASS CAPITAL, LLC's Holding History (CIK: 0001442573)

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

Q1 2018

Shares 210,250 Value ($000) $2,939 Avg Close $14.71 Range $11.93 - $17.43

Q4 2017

Shares 210,250 Value ($000) $4,001 Avg Close $15.74 Range $14.14 - $17.65

Q3 2017

Shares 210,250 Value ($000) $3,633 Avg Close $15.12 Range $13.60 - $16.89

Q2 2017

Shares 210,250 Value ($000) $3,740 Avg Close $15.34 Range $13.62 - $16.88

Q1 2017

Shares 209,000 Value ($000) $3,586 Avg Close $14.94 Range $14.03 - $16.13

Q4 2016

Shares 173,500 Value ($000) $3,140 Avg Close $12.15 Range $9.71 - $14.87

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2018	210,250	$2,939	$14.71	$11.93 - $17.43
Q4 2017	210,250	$4,001	$15.74	$14.14 - $17.65
Q3 2017	210,250	$3,633	$15.12	$13.60 - $16.89
Q2 2017	210,250	$3,740	$15.34	$13.62 - $16.88
Q1 2017	209,000	$3,586	$14.94	$14.03 - $16.13
Q4 2016	173,500	$3,140	$12.15	$9.71 - $14.87