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QUARTERLY STOCK PRICE INFORMATION AND ISSUER PURCHASES OF EQUITY SECURITIES

Our common stock is traded on The NASDAQ Stock Market under the symbol MSFT. On August 15, 2005, there were 149,668 registered holders of record of our common stock. The high and low common stock prices per share were as follows:

Quarter Ended Sep. 30 spacer Dec. 31 spacer Mar. 31 spacer June 30 spacer Year
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Fiscal year 2004
Common stock price per share:
    High $29.96   $29.35   $28.80   $28.57   $29.96
    Low 25.54   25.10   24.15   25.08   24.15
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Fiscal year 2005                  
Common stock price per share:                  
    High $29.00   $29.98   $26.84   $26.07   $29.98
    Low 26.88   26.53   23.92   24.12   23.92

In September 2003, our Board of Directors declared a common stock dividend of $0.16 per share, which was paid in November 2003. That was the only dividend declared or paid in fiscal year 2004. See Note 12 – Stockholders’ Equity of the Notes to Financial Statements for information regarding dividends approved by our Board of Directors in fiscal year 2005.

On July 20, 2004, our Board of Directors approved a plan to buy back up to $30 billion in Microsoft common stock over four years. The specific timing and amount of repurchases will vary based on market conditions, securities law limitations, and other factors. The repurchases will be made using our cash resources. The repurchase program may be suspended or discontinued at any time without prior notice. We repurchased common stock in each quarter of fiscal year 2005 as follows:

Period Total number of
shares purchased
spacer Average price
paid per share
July 1, 2004 – September 30, 2004 22,826,608   $27.38
October 1, 2004 – December 31, 2004 23,595,280   27.75
January 1, 2005 – March 31, 2005 95,122,446   25.44
April 1, 2005 – June 30, 2005 170,656,770   25.21

Common stock repurchases in the fourth quarter of fiscal year 2005 were as follows:

Period (a) Total number of shares purchased   (b) Average price paid per share   (c) Total number of shares purchased as part of publicly announced plans or programs   (d) Maximum number of shares (or approximate dollar value) of shares that may yet be purchased under the plans or programs (in millions)
April 1, 2005 – April 30, 2005 55,331,155   $24.77   55,331,155   $24,930
May 1, 2005 – May 31, 2005 60,679,509   25.49   60,679,509   23,384
June 1, 2005 – June 30, 2005 54,646,106   25.35   54,646,106   21,998
170,656,770       170,656,770    
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