Istanbul Gold Exchange

A TOTAL OF 430 KG OF GOLD SOLD IN FIRST SESSION

ISTANBUL - A total of 430 kg of gold was sold in the first session at the Istanbul Gold Exchange (IAB) on Friday.
The trading volume in the first session was 458 billion 905 million Turkish liras (TL) on TL-basis in 2 transactions and 5.13 million U.S. dollars on U.S. dollar basis in 3 transactions.
The basic statistics of the transactions in the first session at the IAB are as follows:

GOLD TL/GRAM DOLLAR/OUNCE EURO/OUNCE
---------------------- ------------ ------------ ----------
Previous Closing Price 18,800,000 388,30 318.70
Lowest Price 18,356,200 385,00 -
Highest Price 18,356,200 385,90 -
Closing price 18,356,200 385,90 -
Average Weighted Price 18,356,200 385,01 -
Transactions Volume (Kg) 25 405 -
Total Transactions (each) 2 3 -

Trading Volume (TL) 458,905,000,000
Trading Volume (U.S. dollar) 5,013,249
Trading Volume (euro) -

1ST SESSION'S TOTAL
------------------------------
Total Transactions Volume (Kg) 430
Total Transactions (each) 5

(ÖŞ-AÖ) 31.10.2003