New Solutia Stock Begins Limited Trading
St. Louis, MO, December 20, 2007-- New Solutia Inc. common stock issued pursuant to its bankruptcy reorganization has begun trading on the New York Stock Exchange under the symbol SOA. However, trading is limited, as noted by a "wi" notation, which indicates "when issued." The notation will be removed when the stock is truly open for public trading.
The current Solutia common stock continues to trade over-the-counter using the ticker symbol (OTCBB:SOLUQ) . Under the company's reorganization plan, this stock will be cancelled when the company emerges from bankruptcy, probably early next year.