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VASCO Data Security Intl., Inc.  (VDSI) Yearly Returns

Year	Beginning Price	Ending Price	Gain or Loss	Percent Gain or Loss
1999	2.9687	7.9687	5.00	168.42%
2000	7.9687	5.375	-2.5937	-32.55%
2001	5.375	2.10	-3.275	-60.93%
2002	2.10	0.97	-1.13	-53.81%
2003	0.97	2.34	1.37	141.24%
2004	2.34	6.62	4.28	182.91%
2005	6.62	9.86	3.24	48.94%
2006	9.86	11.85	1.99	20.18%
2007	11.85	27.92	16.07	135.61%
2008	27.82	10.33	-17.49	-62.87%
2009	10.33	6.28	-4.05	-39.21%
2010	6.28	8.13	1.85	29.46%
2011	8.13	6.52	-1.61	-19.80%