PNK: Pinnacle Entertainment, Inc. Yearly Stock Returns

Year	Beginning Price	Ending Price	Gain or Loss	Percent Gain or Loss
1975	11.50	12.00	0.50	4.35%
1976	12.00	13.00	1.00	8.33%
1977	13.00	14.25	1.25	9.62%
1978	14.25	15.75	1.50	10.53%
1979	15.75	23.00	7.25	46.03%
1980	23.00	29.375*	6.375	27.72%
1981	23.50	25.00	1.50	6.38%
1982	25.00	26.00	1.00	4.00%
1983	26.00	37.50*	11.50	44.23%
1984	30.00	20.00	-10.00	-33.33%
1985	20.00	20.00	0	0.00%
1986	20.00	26.75	6.75	33.75%
1987	26.75	14.75	-12.00	-44.86%
1988	14.75	21.00	6.25	42.37%
1989	21.00	22.25	1.25	5.95%
1990	22.25	36.50	14.25	64.04%
1991	36.50	26.75	-9.75	-26.71%
1992	26.75	23.50*	-3.25	-12.15%
1993	11.75	37.50*	25.75	219.15%
1994	30.00	11.00	-19.00	-63.33%
1995	11.00	10.0625	-0.9375	-8.52%
1996	10.0625	15.00	4.9375	49.07%
1997	15.00	22.00	7.00	46.67%
1998	22.00	8.3125	-13.6875	-62.22%
1999	8.3125	22.4375	14.125	169.92%
2000	22.4375	13.50	-8.9375	-39.83%
2001	13.50	6.03	-7.47	-55.33%
2002	6.03	6.93	0.90	14.93%
2003	6.93	9.32	2.39	34.49%
2004	9.32	19.78	10.46	112.23%
2005	19.78	24.71	4.93	24.92%
2006	24.71	33.14	8.43	34.12%
2007	33.14	23.56	-9.58	-28.91%
2008	23.56	7.68	-15.88	-67.40%
2009	7.68	8.98	1.30	16.93%
2010	8.98	14.02	5.04	56.12%
2011	14.02	10.16	-3.86	-27.53%
2012	10.16	15.83	5.67	55.81%
2013	15.83	25.99	10.16	64.18%
2014	25.99	22.25	-3.74	-14.39%
2015	22.25	31.12	8.87	39.87%
2016	31.12	40.527*	9.407	30.23%

*The 1980 ending price for Pinnacle Entertainment has been adjusted for a 5 for 4 stock split.
*The 1983 ending price for Pinnacle Entertainment has been adjusted for a 5 for 4 stock split.
*The 1992 ending price for Pinnacle Entertainment has been adjusted for a 2 for 1 stock split.
*The 1993 ending price for Pinnacle Entertainment has been adjusted for a 5 for 4 stock split.
*In 2016, Gaming and Leisure Properties acquired Pinnacle Entertainment and completed a spinoff of part of the business. Original PNK shareholders received .85 shares of GLPI and 1 share of the newly spun off company.