CELLCOM ISRAEL LTD

Ticker: CELJF CUSIP: M2196U109 Class: Common Stock

BRIDGEWAY CAPITAL MANAGEMENT, LLC's Holding History (CIK: 0001107261)

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

Q4 2013

Shares 180,800 Value ($000) $2,517 Avg Close $12.55 Range $10.95 - $14.07

Q3 2013

Shares 180,800 Value ($000) $1,998 Avg Close $10.54 Range $8.78 - $11.67

Q2 2013

Shares 180,800 Value ($000) $1,669 Avg Close $8.92 Range $7.88 - $9.71

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2013	180,800	$2,517	$12.55	$10.95 - $14.07
Q3 2013	180,800	$1,998	$10.54	$8.78 - $11.67
Q2 2013	180,800	$1,669	$8.92	$7.88 - $9.71