Istanbul Gold Exchange

-A TOTAL OF 324 KG OF GOLD SOLD IN FIRST SESSION

ISTANBUL - A total of 324 kg of gold was sold in the first session at the Istanbul Gold Exchange (IAB) on Tuesday.
The trading volume in the first session was 714 billion 140 million Turkish lira (TL) in TL-basis in 10 transactions, and 967 thousand 110 U.S. dollars in U.S. dollar-basis in 5 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 18,650,000 404,85 333,70
Lowest Price 18,826,500 404,45 -
Highest Price 18,895,400 410,00 -
Closing price 18,826,500 410,00 -
Average Weighted Price 18,856,560 406,49 -
Transactions Volume (Kg) 250 74 -
Total Transactions (each) 10 5 -

Trading Volume (TL) 4,714,140,000,000
Trading Volume (U.S. dollar) 967,110
Trading Volume (Euro) -

1ST SESSION'S TOTAL
------------------------------
Total Transactions Volume (Kg) 324
Total Transactions (each) 15

(BRC-AÖ) 16.12.2003