METAL PRICES — FREE MARKET (May 13, 1996)

London Metal Exchange

Spot closing prices in $US per tonne

DateMay 7 May 6May 3 May 2 May 1

Copper2792-2797 Holiday2750-27552708-27132698-2703

Lead872-874 Holiday858.5-859.5831-833 800-810

Zinc1053-1054 Holiday1049.5-1050.51036-10371026.5-1027.5

Aluminum 1620.5-1621.5Holiday1626-16271620.5-1621.51601-1602

Nickel8265-8275 Holiday8135-81458065-80757945-7955

Spot Gold, Silver, Platinum and Palladium prices

Gold … London Bullion Dealers afternoon/morning $US per oz.

393.70/393.75 Holiday394.00/394.00392.40/392.80392.30/391.00

Gold … Bank of Nova Scotia, noon bid/ask $US per oz.

392.00/395.50392.50/396.00391.50/395.00392.30/395.30391.00/394.50

Silver … London Bullion Dealers, spot morning /US$ per oz.

3.615/5.458 Holiday3.601/5.4103.599/5.3853.559/5.325

Silver … Handy & Harman, Toronto C$/New York US$ per oz.

7.608/5.4657.587/5.4507.548/5.4307.390/5.3357.464/5.375

Platinum … Bendix Foreign Exchange, Interbank closing $US per oz.

409.50 408.50 407.50 407.70 406.00

Palladium … Bendix Foreign Exchange, Interbank closing $US per oz.

137.00 137.00 136.25 136.25 133.10

Exchange Rates Canadian funds. Courtesy of the Bank of Montreal Treasury Group U.S. Dollar 1.3664 1.3655 1.3630 1.3620 1.3623

Pound Sterling 2.0667 2.0585 2.0498 2.0475 2.0368