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NII Holdings, Inc. (NIHD) Yearly Returns

Year	Beginning Price	Ending Price	Gain or Loss	Percent Gain or Loss
2003	11.75	74.63	62.88	535.15%
2004	74.63	142.35*	67.72	90.74%
2005	47.45	87.36*	39.91	84.11%
2006	43.68	64.44	20.76	47.53%
2007	64.44	48.32	-16.12	-25.02%
2008	48.32	18.18	-30.14	-62.38%
2009	18.18	33.58	15.40	84.71%
2010	33.58	44.66	11.08	33.00%
2011	44.66	21.30	-23.36	-52.31%

*The 2004 ending price for NII Holdings has been adjusted for a 3 for 1 stock split.
*The 2005 ending price for NII Holdings has been adjusted for a 2 for 1 stock split.