IPO Offer Prices Discounts

	2004	2005	2006	2007	2008	2009	2010	2011	2012	2013
Above	18.4%	21.9%	21.9%	27.7%	9.7%	17.5%	13.0%	26.4%	21.1%	23.6%
Within	45.2%	46.4%	44.4%	44.1%	51.6%	55.6%	45.5%	39.2%	39.1%	47.2%
Below	36.4%	31.8%	33.7%	28.2%	38.7%	27.0%	41.6%	34.4%	39.8%	29.2%

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