CENTRAL BANK OF KUWAIT - KUWAIT
TEL 22468510-15 FAX 22401968 TLX 22173/44879/44880
U S D /K W D Time K I B 0 R   DISC RATE 3.250
09/12/2002   0.30106/16 08:00 04/12 VAL 10/12   REPO RATE 3.750
              O/N RATE 10.00
VALUE(KWD) 1ST CHANGE TIME 1M 2.25 2.50
11/12/2002         3M 2.25 2.50    
          6M 2.18 2.43    
  1Y 2.31 2.56
VALUE(USD) 2Y 2.50 2.75
11/12/2002 3Y 2.75 3.00
               
G.C.C. BANKNOTES EXCHANGE RATES AGAINST KWD
  CODES MIN-BID   MAX-OFF   REPURCHASE RATE-CBK
  .BHD 794.839   802.827   796.836
.OMR 779.207 787.038 781.165
  .AED 81.583   82.403   81.788
.SAR --- --- ---
.QAR 82.289 83.116 82.495

USD/KWD as of: 09/12/2002, 08:00:00
KIBOR as of: 09/12/2002, 12:30:00
GCC Banknotes Exchange Rates as of: 09/12/2002, 08:30:00