[CYPRUS STOCK EXCHANGE]   29/02/96             
                    [INVESTMENT AND INSURANCE CO]                            
    ISSUE      PRV.CLS.   BID     ASK    LAST   VOLUME CUM.VOL.  HIGH     LOW   
 MIN (0.80)       .       1.13    1.15    1.13  2000   2350       1.150   0.350 
 CYT             2.05T    2.08    2.10    2.08  7000   19000      2.100   0.630 
 CYT WAR95/98    1.18T    1.23    1.25    1.25  2000   6320       1.260   0.400 
 ERA             2.25T    2.23    2.25    2.23  1000   1000       2.220   0.501 
 ERA (0.50)       .       1.72    1.90     .                      1.750   0.320 
 ERA WR95/97      .       1.37    1.40     .                      1.260   0.490 
 EUROINVST FIN   1.40T    1.42    1.43    1.43  1000   23000      1.560   0.430 
 PAN             3.00T    3.12    3.13    3.13  3000   50000      3.440   1.204 
 PAN  (0.30)     2.34T    2.55    2.60    2.56  1000   13000      2.630   0.264 
 PAN WAR92/96     .       5.25    5.60    5.60  5000   7000       5.860   0.580 
 INTERAMERICAN    .       3.26    3.27     .                      3.420   1.900 
 INTERAM(1.40)   3.28T    3.26    3.27    3.26  1000   27000      3.600   0.940 
 LIBERTY LIFE     .       0.94    0.97     .                      0.990   0.620 
 LIBERTY(0.40)    .       0.76    0.80     .                      0.790   0.480 
 LIBERTY WR      0.51T    0.54    0.60     .                      0.580   0.290