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Nektar Therapeutics (NKTR) Yearly Returns

Year	Begining Price	Ending Price	Gain or Loss	Percent Gain or Loss
1995	9.25	9.75	0.50	5.41%
1996	9.75	15.125	5.375	55.13%
1997	15.125	26.00	10.875	71.90%
1998	26.00	33.00	7.00	26.92%
1999	33.00	42.5625	9.5625	28.98%
2000	42.5625	101.00*	58.4375	137.30%
2001	50.50	18.55	-31.95	-63.27%
2002	18.55	8.08	-10.47	-56.44%
2003	8.08	13.61	5.53	68.44%
2004	13.61	20.24	6.63	48.71%
2005	20.24	16.46	-3.78	-18.68%
2006	16.46	15.21	-1.25	-7.59%
2007	15.21	6.71	-8.50	-55.88%

*The 2000 ending price for Nektar Therapeutics has been adjusted for a 2 for 1 stock split.