Solutia new common stock trading on NYSE on when-issued basis

By Caroline Salls

Pittsburgh, Dec. 20 - Solutia Inc.'s new common stock has begun trading on the New York Stock Exchange on a "when-issued" basis under the symbol SOA, according to a company news release.

The current Solutia common stock, which will be canceled when the company emerges from Chapter 11 bankruptcy, is still trading over the counter under the symbol SOLUQ.

Solutia, a St. Louis-based manufacturer and provider of performance films, specialty chemicals and an integrated family of nylon products, filed for bankruptcy on Dec. 17, 2003 in the U.S. Bankruptcy Court for the Southern District of New York. Its Chapter 11 case number is 03-17949.

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