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Anheuser Busch Companies, Inc. (BUD) Yearly Returns

Year	Beginning Price	Ending Price	Gain or Loss	Percent Gain or Loss
1984	62.50	72.50	10.00	16.00%
1985	72.50	126.75*	54.25	74.83%
1986	42.25	52.25*	10.00	23.67%
1987	26.125	33.375	7.25	27.75%
1988	33.375	31.50	-1.875	-5.62%
1989	31.50	38.50	7.00	22.22%
1990	38.50	43.00	4.50	11.69%
1991	43.00	61.50	18.50	43.02%
1992	61.50	58.50	-3.00	-4.88%
1993	58.50	49.125	-9.375	-16.03%
1994	49.125	50.875	1.75	3.56%
1995	50.875	66.875	15.995	31.44%
1996	66.875	80.00*	13.125	19.63%
1997	40.00	44.00	4.00	10.00%
1998	44.00	65.625	21.625	49.15%
1999	65.625	70.875	5.25	8.00%
2000	70.875	91.00*	20.13	28.40%
2001	45.50	45.21	-0.29	-0.64%
2002	45.21	48.40	3.19	7.06%
2003	48.40	52.68	4.28	8.84%
2004	52.68	50.73	-1.95	-3.70%
2005	50.73	42.96	-7.77	-15.32%
2006	42.96	49.20	6.24	14.53%
2007	49.20	52.34	3.14	6.38%
2008	52.34	70.00**	17.66	33.74%

*The 1985 ending price for Anheuser Busch has been adjusted for a 3 for 1 stock split.
*The 1986 ending price for Anheuser Busch has been adjusted for a 2 for 1 stock split.
*The 1996 ending price for Anheuser Busch has been adjusted for a 2 for 1 stock split.
*The 2000 ending price for Anheuser Busch has been adjusted for a 2 for 1 stock split.
**The 2008 ending price is the $70 merger price with InBev finalized 11-18-08.