FIRST SESSION

ISTANBUL - A total of 520 kg of gold was sold in the first session at the Istanbul Gold Exchange (IAB) on Thursday.
The trading volume in the first session was 3 trillion 628 billion 500 thousand Turkish Liras on TL basis in 3 transactions and 4 million 127 thousand 753 U.S. dollars on U.S. dollar-basis in 13 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 17,465,000 406.50 322.20
Lowest Price 17,631,700 405.25 -
Highest Price 17,700,000 410.80 -
Closing price 17,631,700 410.80 -
Average Weighted Price 17,698,334 407.58 -
Transactions Volume (Kg) 205 315 -
Total Transactions (each) 3 13 -

Trading Volume (TL) 3,628,158,500,000
Trading Volume (U.S. dollar) 4,127,753
Trading Volume (Euro) -

1ST SESSION'S TOTAL
------------------------------
Total Transactions Volume (Kg) 520
Total Transactions (each) 16
SECOND SESSION
No transaction was made in the second session at the Istanbul Gold Exchange (IAB) on Thursday.
The trading volume in the first session was 3 trillion 628 million 158 million 500 thousand Turkish lira (TL) on TL-basis in 3 transactions, and 127 thousand 753 U.S. dollars on U.S. dollar-basis in 13 transactions.
(AA) 29.01.2004