METAL PRICES — FREE MARKET (February 22, 1993)

London Metal Exchange

Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne)

Date Feb. 16 Feb. 15 Feb. 12 Feb. 11 Feb. 10

Copper 1530-1531 1557-1558 1559-1560 1563-1564 1556-1557

Lead 288-289 291-292 292-293 291-292 290-291

Zinc 1066-1067 1064-1065 1062-1063 1071-1072 1085-1086

Aluminum1197-1198 1195-1196 1212-1213 1214-1215 1215-1216

Nickel 6110-6115 6110-6120 6085-6090 6015-6025 6010-6020

Spot Gold, Silver, Platinum and Palladium prices

Gold … London Bullion Dealers afternoon (morning) $US per oz. 328.60(329.20) 328.60(328.35) 329.20(330.00) 332.00(331.65) 329.85(328.70) Gold … Bank of Nova Scotia, noon bid/ask $US per oz.

328.00-331.50 327.00-330.50 329.00-332.50 330.00-333.50 327.50-331.00 Silver … London Bullion Dealers, spot morning pence (US cents) per oz. 256.70(368.70) 261.10(368.80) 263.00(374.20) 265.30(376.80) 258.50(371.30) Silver … Handy & Harman, Toronto (New York) cents per oz.

467.40(370.00) N/A(N/A) 465.70(369.00) 473.60(375.00) 474.60(373.00) Platinum … Bendix Foreign Exchange, Interbank closing $US per oz. 369.00 366.50 367.75 371.50 371.50

Palladium … Bendix Foreign Exchange, Interbank closing $US per oz. 116.00 115.00 115.75 120.50 119.50

Exchange Rates Canadian funds. Courtesy of the Bank of Montreal Treasury Group U.S. Dollar 1.2585 1.2540 1.2545 1.2562 1.2646

Pound Sterling1.8236 1.7807 1.7823 1.7807 1.8008