Istanbul Gold Exchange

A TOTAL OF 1,870 KG OF GOLD SOLD IN FIRST SESSION

ISTANBUL - A total of 1,870 kg of gold was sold in the first session at the Istanbul Gold Exchange (IAB) on Wednesday.
The trading volume in the first session was 5 trillion 456 billion 400 million Turkish liras (TL) on TL-basis in 2 transactions and 19 million 243 thousand 666 U.S. dollars on U.S. dollar basis in 10 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 18,256,000 379,75 318.70
Lowest Price 18,188,000 381,00 -
Highest Price 18,188,000 382,20 -
Closing price 18,188,000 381,50 -
Average Weighted Price 18,188,000 381,24 -
Transactions Volume (Kg) 300 1,570 -
Total Transactions (each) 2 10 -

Trading Volume (TL) 5,456,400,000,000
Trading Volume (U.S. dollar) 19,243,666
Trading Volume (euro) -

1ST SESSION'S TOTAL
------------------------------
Total Transactions Volume (Kg) 1,870
Total Transactions (each) 12

(BRC-AÖ) 05.11.2003