FIRST SESSION

ISTANBUL - A total of 1,608 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 10 trillion 963 billion 595 million Turkish lira (TL) on TL-basis in 4 transactions and 12 million 548 thousand 893 U.S. dollars on U.S. dollar-basis in 25 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 17,518,000 408.80 320.40
Lowest Price 17,115,000 400.00 -
Highest Price 17,504,600 410.95 -
Closing price 17,504,600 400.65 -
Average Weighted Price 17,130,617 403.22 -
Transactions Volume (Kg) 640 968 -
Total Transactions (each) 4 25 -

Trading Volume (TL) 10,963,595,000,000
Trading Volume (U.S. dollar) 12,548,893
Trading Volume (Euro) -

1ST SESSION`S TOTAL
------------------------------
Total Transactions Volume (Kg) 1,608
Total Transactions (each) 29

SECOND SESSION
A total of 270 kg of gold was sold in the second session at the Istanbul Gold Exchange (IAB) on Monday.
The trading volume in the second session was 340 billion 880 million Turkish lira (TL) on TL-basis in 1 transactions and 3 million 212 thousand 157 U.S. dollars on U.S. dollar-basis in 5 transactions.
The basic statistics of the transactions in the second session at the IAB are as follows:

GOLD TL/GRAM DOLLAR/OUNCE EURO/OUNCE
---------------------- ------------ ------------ ----------
Previous Closing Price 17,504,600 400,65 320,40
Lowest Price 17,044,000 398,65 -
Highest Price 17,044,000 400,50 -
Closing price 17,044,000 398,90 -
Average Weighted Price 17,044,000 399,64 -
Transactions Volume (Kg) 20 250 -
Total Transactions (each) 1 5 -

Trading Volume (TL) 340,880,000,000
Trading Volume (U.S. dollar) 3,212,157
Trading Volume (Euro) -

(AA) 23.02.2004