Lending Rates (May 17, 2004)

Bank of Canada2.25

Target overnight rate2.00

Canadian Prime3.75

U.S. Discount Primary2.00

U.S. Fed Funds market rate1.0

U.S. Prime4.00

LIBOR US$ 3-month1.24

LIBOR US$ 6-month1.53

LIBOR US$ 1-year2.06

Gold lease 3-month0.14

Gold lease 6-month0.17

Gold lease 1-year0.26

Silver lease 3-month0.48

Silver lease 1-year1.55

Platinum lease 3-month5.80

Platinum lease 1-year6.95

Metal lease rates from www.kitco.com