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| EXCHANGE RATES | COCONUTS |

EXCHANGE RATES

EXCHANGE RATES ON 22.02.2002 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	93.2320	93.7180
Sterling Pound	133.2620	134.4035
Euro	81.3115	82.1812
Swiss Franc	54.8787	55.6830
Japanese Yen	0.6950	0.7034

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

Country

Currency

Indicative Rate(RS.)

Bahrain	Dinar	248.1874
Kuwait	Dinar	304.1986
Oman	Rial	243.0302
Qatar	Riyal	25.6977
Saudi Arabian	Riyal	24.9494
UAE	Dirham	25.4738

The Average Weighted Prime Lending Rates (AWPLR) & the Lowest Prime Rate (LPR) during the week ended February 22nd, 2002 by all commercial banks were 13.34 percent and 12.40 per cent respectively.

The Average Weighted Deposit Rate (AWDR) of Commercial banks for the month ended January, 31st 2002 was 10.53 percent.

COCONUTS

Prices of Coconut Products on 25.02.2002

1. COPRA (per 250 kgs)
a) Date of Auction	22.02.2002
b) Quantity of Copra offered	58,150 Kgs
c) Quantity of copra sold	53,150 Kgs
d) Simple average price - White Edible Copra	-
e) Simple average price - Edible Copra	-
f) Highest price - M.S. No. 1 Copra	RS. 17,000 T
g) Simple average price - M. S. No 1 Copra	Rs. 16,760 T
h) Simple average Price - M. S. No. 2 Copra	Rs. 14,250 T
i) Highest price - M. O. No. 1 Copra	-
j) Simple average Price - M.O. No. 1 Copra

Next Auction on 01.03.2002 at 11.00 a.m. at the CDA Duke
Street Office

2. FRESH COCONUT (per 1,000 nuts)
a) Local Market	Rs.11,000 N
b) Date & Price of Auction:
CDA (21.02.2002)
Highest Price	Rs. 12,920 T
Lowest Price	Rs. 11,000 T
Average Price	Rs. 12,450 T
Quantity Traded (Nuts)	292,895
WCCI(-)	-
Highest Price	-
Lowest Price	-
Average Price	-
Quantity Traded ( Nuts)	-
c) Date & Price of Tender	-
CCB	-
CRB (-)	-
NLDB(-)	-
LHP(14.01.2002)	12,370

CDA Next Auction on 28.02.2002 at 11.00 a.m. at the Duke
street office

3. DESICCATED COCNUTS (per Kg)
a) Local Price
( i) Modernaized D/C Mills	Rs. 88.00 N
(ii) Traditoanal D/C Mills	Rs. 87.00 N
b) Philippines (CIF London)	-
c) Sri Lanka (CIF London)	-
4. COCONUT OIL (per Mt)
a) Local price	Rs. 93,000 T
b) Philippines (CIF London)	Rs. 36,067
c) Philippines (CIF New York)	Rs. 36,658
5. POONAC (per Mt)	Rs. 13,000 T
6. MATTRESS FIBRE (per 50 kgs)
a) FAQ	Rs. 190-240 T
b) Superior	Rs. 200-230 T
c) Hand Twisted	Rs. 325 T
7. OMAT FIBRE FAQ ( per 50 kgs)	Rs. 500-650 T
8. BRISTLE FIBRE 1 tie (per 50kgs)
a) Ordinary	Rs. 950-1000 T
b) Superior Hackleable	Rs. 1,000-1,100 T
c) Semi Hackled	Rs. 1,050 T
9. BRISTLE FIBRE 2 tie (Hackled per 50 kgs	Rs. 1,550 T
10. COCONUTS SHELL CHARCOAL	Rs. 7,500 T
(per MT)
11.COCONUT EKELS (per 50 kgs)	Rs. 350-375 T

(T-Traded; N-Nominal)

Next Auction on 01.03.2002 at 11.00 a.m. at the CDA Duke Street Office

CDA Next Auction on 28.02.2002 at 11.00 a.m. at the Duke street office

Next Auction on 01.03.2002 at 11.00 a.m. at the CDA Duke
Street Office

CDA Next Auction on 28.02.2002 at 11.00 a.m. at the Duke
street office