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    Share and ADS prices   

 Share and ADS pricesa           Pence per ordinary share           US$ per
ADS
 
   
 
 
      High
pence
    Low
pence
    High
$
    Low
$
 

 
Years ended 31 March
                         
2001
    821.78     328.85     139.25     51.47  
2002
    420.71     215.75     67.19     30.60  
2003
    286.25     141.00     41.95     23.16  
2004
    206.75     162.00     34.97     25.65  
2005
    216.25     169.25     40.93     30.34  

 
Year ended 31 March 2004
                         
1 April – 30 June 2003
    206.00     162.00     34.97     25.65  
1 July – 30 September 2003
    206.75     180.00     33.70     28.90  
1 October – 31 December 2003
    190.50     171.25     34.22     29.76  
1 January – 31 March 2004
    189.75     173.25     34.80     32.40  

 
Year ended 31 March 2005
                         
1 April – 30 June 2004
    198.50     169.25     36.60     30.34  
1 July – 30 September 2004
    197.50     177.50     36.80     32.66  
1 October – 31 December 2004
    206.00     180.50     40.07     32.61  
1 January – 31 March 2005
    216.25     196.50     40.93     37.71  

 
Month
                         
November 2004
    199.25     185.50     37.40     34.37  
December 2004
    206.00     196.50     40.07     38.22  
January 2005
    213.75     204.25     40.00     38.57  
February 2005
    216.25     203.50     40.93     38.59  
March 2005
    210.75     196.50     40.82     37.71  
April 2005
    209.50     196.50     39.51     37.85  
1 May to 13 May 2005
    202.25     197.25     38.75     36.83  

 
a
The pre-19 November 2001 prices shown have been adjusted for the rights issue and demerger that occurred in the 2002 financial year.

The prices are the highest and lowest closing middle market prices for BT ordinary shares, as derived from the Daily Official List of the London Stock Exchange and the highest and lowest closing sales prices of ADSs, as reported on the New York Stock Exchange composite tape.

     Fluctuations in the exchange rate between the pound sterling and the US dollar affect the dollar equivalent of the pound sterling price of the company’s ordinary shares on the London Stock Exchange and, as a result, are likely to affect the market price of the ADSs on the New York Stock Exchange.

 



 

 
 

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