METAL PRICES — FREE MARKET (April 22, 1996)

London Metal Exchange

Spot closing prices in $US per tonne

DateApril 16 April 15April 12April 11April 10

Copper2565-2567 2591-25932587-25902553.5-2555.52495-2497

Lead804-805 820-822815-818 833.5-835.5827.5-829.5

Zinc1040-1041 1054-10551060-10611061-10621053.5-1054.5

Aluminum1564-1565 1579-15801598-15991596-15971592.5-1593.5

Nickel8090-8100 8185-81958250-82608280-82907985-7995

Spot Gold, Silver, Platinum and Palladium prices

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

393.50(393.50)393.20(393.75)394.75(395.20)394.30(395.15)394.55(394.55)

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

390.00-393.50392.00-395.50393.50-397.00394.00-397.50393.00-396.50

Silver … London Bullion Dealers, spot morning pence (US cents) per oz.

362.30(547.00)364.50(549.80)366.00(553.70)365.60(553.20)359.10(546.30)

Silver … Handy & Harman, Toronto (New York) cents per oz.

743.50(539.50)752.70(547.00)757.10(551.00)758.40(551.00)757.10(549.00)

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

405.50 407.00 410.20 413.40 410.60

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

137.25 138.50 138.75 138.90 140.25

Exchange Rates Canadian funds. Courtesy of the Bank of Montreal Treasury Group U.S. Dollar 1.3571 1.3560 1.3565 1.3564 1.3568

Pound Sterling 2.0454 2.0462 2.0517 2.0518 2.0508