Insider Trades - JOLLIFFE GARY T

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JOLLIFFE GARY T: Declared Holdings
Company/Relationship	Reported	Shares	Ownership
MSB Financial Corp. Director NasdaqGM:MSBF (historical quotes, profile, other insiders)	12-Mar-13 31-Dec-11	12,195 7,185 19,380	Direct Indirect Total

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction
12-Mar-13 2,500 MSBF Purchase at $10 per share.
(Cost of $25,000)
18-Dec-12 4,847 MSBF Sale at $6.80 per share.
(Proceeds of $32,959)
31-Dec-11 *1,742 MSBF Acquisition (Non Open Market) at $4.39 per share.
(Value of $7,647)

* Indicates that some (or all) shares are held indirectly (e.g. in a trust, by a spouse, etc.)

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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
12-Mar-13	2,500	MSBF	Purchase at $10 per share. (Cost of $25,000)
18-Dec-12	4,847	MSBF	Sale at $6.80 per share. (Proceeds of $32,959)
31-Dec-11	*1,742	MSBF	Acquisition (Non Open Market) at $4.39 per share. (Value of $7,647)