[CYPRUS STOCK EXCHANGE]    21/02/96           
                        [INVESTMENT AND INSURANCE CO]                            
    ISSUE      PRV.CLS.   BID     ASK    LAST   VOLUME CUM.VOL.  HIGH     LOW   
 MIN (0.80)       .       1.06    1.13     .                      1.150   0.350 
 CYT             2.16T    2.08    2.09    2.10  1000   14106      2.100   0.630 
 CYT WAR95/98    1.31T    1.23    1.24    1.23  3000   3000       1.260   0.400 
 ERA              .       2.25    2.30     .                      2.220   0.501 
 ERA (0.50)      1.85T    1.80    1.81    1.80  1000   1000       1.750   0.320 
 ERA WR95/97     1.40T    1.44    1.45    1.45  500    500        1.260   0.490 
 EUROINVST FIN   1.42T    1.41    1.43     .                      1.560   0.430 
 PAN             3.13T    3.10    3.12    3.10  2000   7500       3.440   1.204 
 PAN  (0.30)     2.42T    2.38    2.40    2.38  2000   2000       2.630   0.264 
 PAN WAR92/96     .       5.00     .       .                      5.860   0.580 
 INTERAMERICAN   3.31T    3.30    3.35    3.33  1000   1000       3.420   1.900 
 INTERAM(1.40)    .       3.23    3.25    3.26  2000   9500       3.600   0.940 
 LIBERTY LIFE    0.95T    0.95    0.97    0.96  1000   1000       0.990   0.620 
 LIBERTY(0.40)   0.75T    0.77    0.78    0.76  5000   8250       0.790   0.480 
 LIBERTY WR      0.57T    0.58    0.59    0.58  2456   2456       0.580   0.290