TWX: Time Warner, Inc. Yearly Stock Returns

Calculations do not reflect any dividends paid or any stock spinoffs from original stock. Taxes and commissions are not factored into calculations. Data is property of 1stock1 and written permission must be granted before redistributing any data (in part or in whole).

Year	Begining Price	Ending Price	Gain or Loss	Percent Gain or Loss
1993	29.25	58.50	29.25	100.00%
1994	58.50	112.00*	53.50	91.45%
1995	56.00	150.00*	94.00	167.86%
1996	37.50	33.25	-4.25	-11.33%
1997	33.25	90.50	57.25	172.18%
1998	90.50	620.50*	530.00	585.64%
1999	155.125	303.50*	148.375	95.65%
2000	75.875	34.80	-41.075	-54.14%
2001	34.80	32.10	-2.70	-7.76%
2002	32.10	13.10	-19.00	-59.19%
2003	13.10	17.99	4.89	37.33%
2004	17.99	19.45	1.46	8.12%
2005	19.45	17.44	-2.01	-10.33%
2006	17.44	21.78	4.34	24.89%
2007	21.78	16.51	-5.27	-24.20%

*The 1994 ending price for Time Warner has been adjusted for a 2 for 1 stock split.
*The 1995 ending price for Time Warner has been adjusted for two (2) 2 for 1 stock splits.
*The 1998 ending price for Time Warner has been adjusted for two (2) 2 for 1 stock splits.
*The 1999 ending price for Time Warner has been adjusted for two (2) 2 for 1 stock splits.