[CYPRUS STOCK EXCHANGE]   08/04/96            
                       [INVESTMENT AND INSURANCE CO]                            
    ISSUE      PRV.CLS.   BID     ASK    LAST   VOLUME CUM.VOL.  HIGH     LOW   
 MIN (0.80)       .       1.11     .       .                                    
 CYT              .       2.05    2.06    2.06          12700    2.07    2.06   
 CYT WAR95/98     .        .      1.25    1.25          13856    1.26    1.25   
 ERA              .       1.82    1.83    1.83          1000     1.83    1.83   
 ERA (0.50)       .       1.40     .       .                                    
 ERA WR95/97      .       1.15     .       .                                    
 EUROINVST FIN    .       1.42    1.50    1.44          1000     1.44    1.44   
 PAN              .       3.25    3.27    3.29          3650     3.31    3.27   
 PAN  (0.30)      .       2.64    2.67    2.67          2500     2.68    2 66   
 PAN WAR92/96     .       5.60    6.10     .                                    
 INTERAMERICAN    .       3.66    3.71    3.74          3750     3.76    3.71   
 INTERAM(X-DIV    .        .       .       .                                    
 LIBERTY LIFE     .        .       .       .                                    
 LIBERTY(0.40)    .        .       .       .                                    
 LIBERTY WR       .        .       .       .