[CYPRUS STOCK EXCHANGE]   09/02/96    
                      [DEBENTURES]                                                                                                                                                 
     ISSUE      PRV.CLS.   BID     ASK    LAST   VOLUME CUM.VOL.  HIGH     LOW   
 EXE-EXCELLENT   0.215T   0.215   0.225   0.22  5000   90000      0.240   0.220 
 X-EXCEL(0.22)    .       0.13    0.17     .                      0.220   0.085 
 X-WR(95/98)     0.115T   0.125   0.13     .                      0.110   0.090 
 UNI NO DIV 95    .       5.55    5.65    5.55  5000   952        9.100   3.700 
 UNIVERSAL       5 70T    5.60    5.65    5.61  200    200        9.400   0.450 
 BOC8% 93/96      .        .       .       .                      1.040   1.000 
 BOC8% 97/2000    .       1.59    1.63    1.61  500    24500      1.640   1.002 
 BOC7% 99/2004    .        .       .       .                      1.020   1.000 
 POP8% 89/96      .        .       .       .                      1.040   1.000 
 HEL8% 93/98      .       2.35     .       .                      2.260   1.080 
 HEL8% 95/99      .       2.15     .      2.15  5000   5000       2.100   1.340 
 HEL8% 97/2002    .       1.35     .       .                      1.330   1.010 
 LORD7%98/2000    .        .       .       .                      1.050   1.020 
 CLA8% 99/2001    .                                               1.040   1.020 
 AST7% 2000/01                                                    1.000   1.010