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Alcoa, Inc. (AA) Yearly Returns

Year	Begining Price	Ending Price	Gain or Loss	Percent Gain or Loss
1975	29.875	38.625	8.75	29.29%
1976	38.625	57.25	18.625	48.22%
1977	57.25	46.625	-10.625	-18.56%
1978	46.625	47.75	1.125	2.41%
1979	47.75	54.875	7.125	14.92%
1980	54.875	59.625	4.75	8.66%
1981	59.625	51.25*	-8.375	-14.05%
1982	25.625	31.00	5.375	20.98%
1983	31.00	44.875	13.875	44.76%
1984	44.875	37.00	-7.875	-17.55%
1985	37.00	38.50	1.50	4.05%
1986	38.50	33.875	-4.625	-12.01%
1987	33.875	46.75	12.875	38.01%
1988	46.75	56.00	9.25	19.79%
1989	56.00	75.00	19.00	33.93%
1990	75.00	57.625	-17.375	-23.17%
1991	57.625	64.375	6.75	11.71%
1992	64.375	71.625	7.25	11.26%
1993	71.625	69.375	-2.25	-3.14%
1994	69.375	86.625	17.25	24.86%
1995	86.625	105.75*	19.125	22.08%
1996	52.875	63.75	10.875	20.57%
1997	63.75	70.375	6.625	10.39%
1998	70.375	74.5625	4.1875	5.95%
1999	74.5625	166.00*	91.4375	122.63%
2000	83.00	67.00*	-16.00	-19.28%
2001	33.50	35.55	2.05	6.12%
2002	35.55	22.78	-12.77	-35.92%
2003	22.78	38.00	15.22	66.81%
2004	38.00	31.42	-6.58	-17.32%
2005	31.42	29.57	-1.85	-5.89%
2006	29.57	30.01	0.44	1.49%
2007	30.01	36.55	6.54	21.79%

*The 1981 ending price for Alcoa, Inc. has been adjusted for a 2 for 1 stock split.
*The 1995 ending price for Alcoa, Inc. has been adjusted for a 2 for 1 stock split.
*The 1999 ending price for Alcoa, Inc. has been adjusted for a 2 for 1 stock split.
*The 2000 ending price for Alcoa, Inc. has been adjusted for a 2 for 1 stock split.