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Pharmaceuticals Sector - Solvay

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106<br />

<strong>Solvay</strong> Global Annual Report 2005<br />

Information<br />

for shareholders<br />

SOLVAY SHARE PERFORMANCE<br />

The <strong>Solvay</strong> share in 2005: average price and trading volumes up sharply<br />

EUR<br />

110<br />

105<br />

100<br />

95<br />

90<br />

85<br />

80<br />

75<br />

70<br />

share price Volume<br />

J F M A M J J A S O N D<br />

After rising strongly by 19% in 2004, the <strong>Solvay</strong> share<br />

price rose by another 16% in 2005. This positive<br />

evolution demonstrates strong investor interest in the<br />

Group’s activities and the successful implementation<br />

of its strategy. It also refl ects the Group’s strongly<br />

improved results in a more favorable economic<br />

environment than in 2004.<br />

The highest price was EUR 104.1 (November 11,<br />

2005), compared to EUR 83.9 in 2004, and represents<br />

a new record for the <strong>Solvay</strong> share. The average price<br />

1 500 000<br />

1 200 000<br />

900 000<br />

600 000<br />

300 000<br />

during 2005 (EUR 90.3) was higher than the highest<br />

price in 2004. The lowest price during the year was<br />

EUR 79.95 (January 14, 2005), compared with EUR<br />

64.1 in 2004.<br />

Average daily trading volumes increased signifi cantly in<br />

2005 (+ 62%) to above 170 000 shares, compared to<br />

105 000 shares in 2004. We note in particular record<br />

daily trading volumes of the order of 265 000 shares in<br />

November 2005.<br />

0

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