FIRST SESSION

ISTANBUL - A total of 2.235 kg of gold was sold in the first session at the Istanbul Gold Exchange (IAB) on Friday.
The trading volume in the first session was 34 trillion 526 billion 412 million 500 thousand Turkish liras (TL) on TL-basis in 7 transaction and 2 million 694 thousand 417 U.S. dollars on U.S. dollar-basis in 6 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 16,962,700 398.80 320.40
Lowest Price 17,050,000 397.90 -
Highest Price 17,056,500 400.10 -
Closing price 17,056,500 400.10 -
Average Weighted Price 17,050,080 399.08 -
Transactions Volume (Kg) 2,025 210 -
Total Transactions (each) 7 6 -

Trading Volume (TL) 34,526,412,500,000
Trading Volume (U.S. dollar) 2,694,417
Trading Volume (Euro) -

1ST SESSION'S TOTAL
-------------------
Total Transactions Volume (Kg) 2,235
Total Transactions (each) 13

(UK-AÖ) 12.03.2004