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ATHENA CAPITAL MANAGEMENT INC
> JRN
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 09/30/2011 | JOURNAL COMMUNICATIONS INC | JRN | 537,077 | 15,000 | 1,595,000 | -1,105,000 | $2.97 |
| 06/30/2011 | JOURNAL COMMUNICATIONS INC | JRN | 522,077 | 0 | 2,700,000 | -432,000 | $5.17 |
| 03/31/2011 | JOURNAL COMMUNICATIONS INC | JRN | 522,077 | 0 | 3,132,000 | 495,000 | $6.00 |
| 12/31/2010 | JOURNAL COMMUNICATIONS INC | JRN | 522,077 | 140,737 | 2,637,000 | 1,234,000 | $5.05 |
| 09/30/2009 | JOURNAL COMMUNICATIONS INC | JRN | 381,340 | 0 | 1,403,000 | 1,002,000 | $3.68 |
| 06/30/2009 | JOURNAL COMMUNICATIONS INC | JRN | 381,340 | 0 | 401,000 | 115,000 | $1.05 |
| 03/31/2009 | JOURNAL COMMUNICATIONS INC | JRN | 381,340 | 0 | 286,000 | -649,000 | $0.75 |
| 12/31/2008 | JOURNAL COMMUNICATIONS INC | JRN | 381,340 | -8,200 | 935,000 | -966,000 | $2.45 |
| 09/30/2008 | JOURNAL COMMUNICATIONS INC | JRN | 389,540 | 389,540 | 1,901,000 | 1,901,000 | $4.88 |
| 06/30/2008 | JOURNAL COMMUNICATIONS INC | JRN | 395,540 | 395,540 | 1,907,000 | 1,907,000 | $4.82 |
| 03/31/2008 | JOURNAL COMMUNICATIONS INC | JRN | 265,540 | 265,540 | 1,960,000 | 1,960,000 | $7.38 |
| 12/31/2007 | JOURNAL COMMUNICATIONS INC | JRN | 62,700 | 62,700 | 560,000 | 560,000 | $8.93 |
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