[CYPRUS STOCK EXCHANGE]   19/02/96             
                         [INVESTMENT AND INSURANCE CO]                            
    ISSUE      PRV.CLS.   BID     ASK    LAST   VOLUME CUM.VOL.  HIGH     LOW   
 MIN (0.80)      1.07T    1.06    1.09    1.06  1000   1000       1.150   0.350 
 CYT             2.13T    2.15    2.16    2.16  2000   18000      2.100   0.630 
 CYT WAR95/98    1.29T    1.30    1.31    1.35  1000   17500      1.260   0.400 
 ERA             2.25T    2.30    2.31    2.29  2000   8900       2.220   0.501 
 ERA (0.50)      1.80T    1.80    1.86    1.79  2000   2000       1.750   0.320 
 ERA WR95/97     1.31T    1.38     .      1.33  1000   13000      1.260   0.490 
 EUROINVST FIN   1.42T    1.43    1.45    1.43  1000   6000       1.560   0.430 
 PAN             3.17T    3.15    3.17    3.16  1000   22570      3.440   1.204 
 PAN  (0.30)     2.40T    2.42     .      2.44  1400   8300       2.630   0.264 
 PAN WAR92/96     .       5.25     .       .                      5.860   0.580 
 INTERAMERICAN   3.33T    3.32    3.37    3.37  2750   14750      3.420   1.900 
 INTERAM(1.40)    .       3.26    3.30    3.25  2000   7000       3.600   0.940 
 LIBERTY LIFE    0.94T    0.94    0.95    0.95  1000   2000       0.990   0.620 
 LIBERTY(0.40)    .       0.73    0.80     .                      0.790   0.480 
 LIBERTY WR      0.53T    0.53    0.60     .                      0.580   0.290