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Actionable news in BRK.A: BERKSHIRE HATHAWAY,

BERKSHIRE HATHAWAY INC.

NEWS RELEASE

FOR IMMEDIATE RELEASE August 4, 2017 Omaha, NE (BRK.A; BRK.B) – Berkshire’s operating results for the second quarter and first six months of 2017 and 2016 are summarized in the following paragraphs. However, we urge investors and reporters to read our 10-Q, which has been posted at www.berkshirehathaway.com. The limited information that follows in this press release is not adequate for making an informed investment judgment. Earnings of Berkshire Hathaway Inc. and its consolidated subsidiaries for the second quarter and first six months of 2017 and 2016 are summarized below. Earnings are stated on an after-tax basis. (Dollar amounts are in millions, except for per share amounts).

Second Quarter First Six Months 2017 2016 2017 2016 Net earnings attributable to Berkshire shareholders ............................... $4,262 $5,001 $8,322 $10,590 Net earnings includes: Investment and derivative gains/losses – Investments ..................................................................................... 185 380 390 2,759 Derivatives ...................................................................................... (42) 14 257 (513) 143 394 647 2,246 Operating earnings ............................................................................. 4,119 4,607 7,675 8,344 Net earnings attributable to Berkshire shareholders ............................... $4,262 $5,001 $8,322 $10,590

Investment and derivative gains/losses per Class A equivalent share ..... $ 87 $ 239 $ 393 $1,366 Operating earnings per Class A equivalent share ................................... 2,505 2,803 4,667 5,077 Net earnings per Class A equivalent share attributable to Berkshire shareholders...


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