Istanbul Gold Exchange

A TOTAL OF 417 KG OF GOLD SOLD IN FIRST SESSION

ISTANBUL - A total of 417 kg of gold was sold in the first session at the Istanbul Gold Exchange (IAB) on Monday.
The trading volume in the first session was 219 billion 36 million Turkish liras (TL) on TL-basis in 2 transactions and 5.12 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 18,356,200 385,90 318.70
Lowest Price 18,250,000 384,10 -
Highest Price 18,256,000 385,00 -
Closing price 18,256,000 384,10 -
Average Weighted Price 18,253,000 384,99 -
Transactions Volume (Kg) 12 405 -
Total Transactions (each) 2 3 -

Trading Volume (TL) 219,036,000,000
Trading Volume (U.S. dollar) 5,012,960
Trading Volume (euro) -

1ST SESSION'S TOTAL
------------------------------
Total Transactions Volume (Kg) 417
Total Transactions (each) 5

(GC-AÖ) 03.11.2003