[CYPRUS STOCK EXCHANGE]   14/02/96              
                           [DEBENTURES]                                         
    ISSUE      PRV.CLS.   BID     ASK    LAST   VOLUME CUM.VOL.  HIGH     LOW   
 EXE-EXCELLENT   0.22T    0.215   0.22     .                      0.240   0.215 
 X-EXCEL(0.22)    .       0.12    0.15     .                      0.220   0.085 
 X-WR(95/98)     0.125T   0.125   0.13     .                      0.125   0.090 
 UNI NO DIV 95   5.35T    5.23    5.35     .                      9.100   3.700 
 UNIVERSAL       5 45T    5.31    5.40     .                      9.400   0.450 
 BOC8% 93/96      .        .       .       .                      1.040   1.000 
 BOC8% 97/2000    .       1.70    1.75    1.70  11100  13120      1.640   1.002 
 BOC7% 99/2004    .        .      0.99     .                      1.020   1.000 
 POP8% 89/96      .        .       .       .                      1.040   1.000 
 HEL8% 93/98      .       2.35     .       .                      2.260   1.080 
 HEL8% 95/99     2.15T    2.10    2.15    2.15  10000  10000      2.100   1.340 
 HEL8% 97/2002    .       1.35    1.39    1.35  2000   2000       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