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In 2002, Celanese shares outperformed the share price median of a selected group of
peer companies and the German mid-cap index M-Dax. At the same time, Celanese shares
were affected by a generally difficult world economy. Celanese shares trade as global
shares on both the Frankfurt and New York stock exchanges. In 2002, a total of 68 % of
the average number of shares outstanding were traded in Frankfurt and New York.
On May 20, Celanese shares traded at their annual high of € 27.75 in Frankfurt
and US$25.52 in New York. The stock reached its low of € 15.70 on October 10
in Frankfurt and US$15.74 on October 9 in New York.
The year-end closing price of our stock was € 21.00 in Frankfurt on December
30 and US$21.76 in New York on December 31. Celanese’s trading liquidity on the
New York Stock Exchange increased again in 2002 with 36 % of all shares trading
on the NYSE compared to 24 % in 2001 and 9 % in 2000. In addition to the German
M-Dax and the European Dow Jones StoxxTM 600 index, Celanese has been part of
the Morgan Stanley Capital International Small Cap Indices since May 2002.
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