Percent

1993 range** Year-end change from

Country and index High Low close 12/31/92

Australia, Sydney All Ordinaries 2,174 1,495 2,174 +40

Austria, Credit Aktien 430 300 429 +37

Belgium, Brussels BEL20 1,474 1,125 1,473 +30

Canada, Toronto Composite 4,330 3,275 4,330 +29

Denmark, Copenhagen Stock Exchange 367 262 366 +40

Finland, HEX General 1,608 843 1,582 +91

France, Paris CAC 40 2,282 1,772 2,273 . . .

Germany, Frankfurt FAZ Aktien 852 599 848 +41

Hong Kong, Hang Seng 11,888 5,438 11,888 +116

Ireland, ISEQ Overall 1,889 1,191 1,889 . . .

Italy, Milan Banca Comm. Ital. 633 446 619 +39

Japan, Nikkei Average 21,148 16,079 17,417 +3

Mexico, IPC 2,603 1,504 2,603 . . .

Netherlands, The, CBS All Share 281 199 281 +42

Norway, Oslo Stock Exchange 1,064 670 1,062 +59

Philippines, Manila Composite 3,196 1,271 3,196 . . .

Singapore, SES All-Singapore 629 394 629 +59

South Africa, Johannesburg Industrials 5,571 4,333 5,596 +28

Spain, Madrid Stock Exchange 324 216 323 +51

Sweden, Affarsvarlden General 1,435 879 1,403 +54

Switzerland, SBC General 1,014 679 1,013 +47

Taiwan, Weighted Price 6,071 3,088 6,071 +80

Thailand, Bangkok SET 1,683 819 1,683 +88

Turkey, Istanbul Composite 20,683 3,956 20,683 . . .

United Kingdom, FT-SE 100 3,462 2,738 3,418 +20

United States, Dow Jones Industrials 3,794 3,242 3,754 +14

World, MS Capital International 607 489 600 . . .

*Index numbers are rounded.

**Based on daily closing price.

Source: Financial Times.