ELBIT SYS LTD

Ticker: ESLT CUSIP: M3760D101 Class: Common Stock

SHEPHERD KAPLAN KROCHUK, LLC's Holding History (CIK: 0001218583)

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

Q3 2013

Shares 5,710 Value ($000) $305 Avg Close $38.86 Range $35.63 - $47.50

Q2 2013

Shares 5,710 Value ($000) $240 Avg Close $36.34 Range $33.99 - $40.27

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2013	5,710	$305	$38.86	$35.63 - $47.50
Q2 2013	5,710	$240	$36.34	$33.99 - $40.27