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Ecolab, Inc. (ECL) Yearly Returns

Year	Begining Price	Ending Price	Gain or Loss	Percent Gain or Loss
1975	24.00	25.00	1.00	4.17%
1976	25.00	24.875	-0.125	-0.50%
1977	24.875	22.625	-2.25	-9.05%
1978	22.625	21.875	-0.75	-3.31%
1979	21.875	24.25	2.375	10.86%
1980	24.25	20.625	-3.625	-14.95%
1981	20.625	16.50	-4.125	-20.00%
1982	16.50	28.00	11.50	69.70%
1983	28.00	31.375	3.375	12.05%
1984	31.375	27.00	-4.375	-13.94%
1985	27.00	41.25	14.25	52.78%
1986	41.25	46.00*	4.75	11.52%
1987	23.00	23.50	0.50	2.17%
1988	23.50	26.50	3.00	12.77%
1989	26.50	28.50	2.00	7.55%
1990	28.50	21.25	-7.25	-25.44%
1991	21.25	29.75	8.50	40.00%
1992	29.75	36.75	7.00	23.53%
1993	36.75	45.00	8.25	22.45%
1994	45.00	41.75*	-3.25	-7.22%
1995	20.875	30.00	9.125	43.71%
1996	30.00	37.625	7.625	25.42%
1997	37.625	55.4375	17.8125	47.34%
1998	55.4375	72.375*	16.9375	30.55%
1999	36.1875	39.125	2.9375	8.12%
2000	39.125	43.1875	4.0625	10.38%
2001	43.1875	40.25	-2.9375	-6.80%
2002	40.25	49.50	9.25	22.98%
2003	49.50	54.74*	5.24	10.59%
2004	27.37	35.13	7.76	28.35%
2005	35.13	36.27	1.14	3.25%
2006	36.27	45.20	8.93	24.62%
2007	45.20	51.21	6.01	13.30%

*The 1986 ending price for Ecolab, Inc. has been adjusted for a 2 for 1 stock split.
*The 1994 ending price for Ecolab, Inc. has been adjusted for a 2 for 1 stock split.
*The 1998 ending price for Ecolab, Inc. has been adjusted for a 2 for 1 stock split.
*The 2003 ending price for Ecolab, Inc. has been adjusted for a 2 for 1 stock split.