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Enterprising Investor

11/04/16 1:10 PM

#115 RE: Enterprising Investor #74

TPL cash on hand was $45,496,176 at 6/30/16.

Up from $45,011,969 at 12/31/15.

The trust purchased and retired 63,672 Sub-shares in the open market during fourth quarter. Average cost per share paid was 181.31.

Enterprising Investor

11/07/16 9:59 PM

#116 RE: Enterprising Investor #74

[From the Department of Corrections]

TPL cash on hand was $45,496,176 at 9/30/16.

Up from $45,011,969 at 12/31/15.

The trust purchased and retired 63,672 Sub-shares in the open market during fourth quarter. Average cost per share paid was 181.31.