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| EXCHANGE RATES | COCONUTS |

EXCHANGE RATES

EXCHANGE RATES ON 06.05.2002 IN SLRS

Average Rates at which the following currencies were quoted by Commercial Banks in Colombo for telegraphic transfers at 9.30 A.M.

Currency	Buying (Rs.)	Selling (Rs.)
US Dollar	95.8060	96.3360
Sterling Pound	140.3169	141.7531
Euro	87.3790	88.5349
Swiss Franc	59.8229	60.9019
Japanese Yen	0.7507	0.7617

The Approximate Exchange Rates of GULF Currencies based on previous day's Market Weighted Average Rate.

Country

Currency

Indicative Rate(RS.)

Bahrain	Dinar	255.0166
Kuwait	Dinar	315.1460
Oman	Rial	249.7078
Qatar	Riyal	26.4085
Saudi Arabian	Riyal	25.6360
UAE	Dirham	26.1741

The Average Weighted Prime Lending Rates (AWPLR) & the Lowest Prime Rate (LPR) during the week ended 03, May 2002 by all commercial banks were 13.47 percent and 12.00 per cent respectively.

The Average Weighted Deposit Rate (AWDR) of Commercial banks for the month ended April, 2002 was 10.00 percent.

COCONUTS

Prices of Coconut Products on 06.05.2002

1. COPRA (per 250 kgs)
a) Date of Auction	24. 04. 2002
b) Quantity of Copra offered	30,110- Kgs
c) Quantity of copra sold	6,760- Kgs
d) Simple average price - White Edible Copra	-
e) Simple average price - Edible Copra	-
f) Highest price - M.S. No. 1 Copra	-
g) Simple average price - M. S. No 1 Copra	Rs. 12,500 T
h) Simple average Price - M. S. No. 2 Copra	RS. 12,500 T
i) Highest price - M. O. No. 1 Copra	-
j) Simple average Price - M.O. No. 1 Copra

Next Auction on 08.05.2002 at 11.00 a.m. at the CDA Duke
Street Office

2. FRESH COCONUT (per 1,000 nuts)
a) Local Market	Rs.8,000-9,000 T
b) Date & Price of Auction:
CDA (18.04.2002)
Highest Price	Rs. 10,560 T
Lowest Price	Rs. 7,550 T
Average Price	Rs. 9,150 T
Quantity Traded (Nuts)	700,758 N
WCCI(-)	-
Highest Price	-
Lowest Price	-
Average Price	-
Quantity Traded ( Nuts)	-
c) Date & Price of Tender	-
CCB	-
CRB (-)	-
NLDB(-)	-
LHP(25.04.2002)	Rs. 9,050 T

CDA Next Auction on 09.05.2002 at 11.00 a.m. at the Duke
street office

3. DESICCATED COCNUTS (per Kg)
a) Local Price
( i) Modernaized D/C Mills	Rs. 85.00 N
(ii) Traditoanal D/C Mills	Rs. 83.00 N
b) Philippines (CIF London)	-
c) Sri Lanka (CIF London)	-
4. COCONUT OIL (per Mt)
a) Local price	Rs. 78,000-86,000 T
b) Philippines (CIF London)
c) Philippines (CIF New York)	Rs. 39,010
5. POONAC (per Mt)	Rs. 18,000 T
6. MATTRESS FIBRE (per 50 kgs)
a) FAQ	Rs. 260-270 T
b) Superior	Rs. 280-290 T
c) Hand Twisted	Rs. 425 T
7. OMAT FIBRE FAQ ( per 50 kgs)	Rs. 600-800 T
8. BRISTLE FIBRE 1 tie (per 50kgs)
a) Ordinary	Rs. 950-1,000 T
b) Superior Hackleable	Rs. 1,000-1,100 T
c) Semi Hackled	Rs. 1,200 T
9. BRISTLE FIBRE 2 tie (Hackled per 50 kgs	Rs. 1,250 - 1,400 T
10. COCONUTS SHELL CHARCOAL	Rs. 8,500 N
(per MT)
11.COCONUT EKELS (per 50 kgs)	Rs. 350-400 T

(T-Traded; N-Nominal)

Next Auction on 08.05.2002 at 11.00 a.m. at the CDA Duke Street Office

CDA Next Auction on 09.05.2002 at 11.00 a.m. at the Duke street office

Next Auction on 08.05.2002 at 11.00 a.m. at the CDA Duke
Street Office

CDA Next Auction on 09.05.2002 at 11.00 a.m. at the Duke
street office