PHILIPPINE STOCK MARKET TRANSACTIONS                            
  1990 to 2002                                
  volume in million shares; value in million pesos                            
      Banking & Commercial & Property Mining O i l SME T o t a l Comp.    
      Financ'l Serv.  Industrial    
      Volume Value Volume Value Volume Value Volume Value Volume Value Volume Value Volume Value Index */    
    1990       3,450.7 20,532.4         177431.4 3,956.3     266,772.2 28,568.9 653.1    
    1991       5,608.9 32,133.0         231,172.3 5,980.3     279,581.6 39,407.2 1,154.3    
    1992       6,112.8 61,512.9         476,605.9 13,480.3     551,229.3 77,031.7 1,272.4    
    1993       16,357.8 161,187.8         450,079.8 11,419.5     635,488.2 182,179.7 3,241.9    
    1994       19,024.7 285,179.2 9,823.1 58,187.7     532,919.1 10,838.4     704,273.6 364,296.3 2,785.8    
    1995       34,507.1 284,857.3 12,905.1 75,723.7     733,012.2 10,895.5     1,006,224.9 378,982.7 2,594.2    
                                       
    1996   307.8 18,666.1 119,165.9 452,513.0 283,322.8 156,782.1     1,642,051.4 32,807.1     2,273,835.2 668,866.4 3,170.6    
    1997   5,622.6 96,795.1 225,256.9 310,672.6 93,932.7 125,403.2 505,887.3 22,502.8 1,093,292.0 30,799.0     1,923,991.5 586,172.6 1,869.2    
    1998   12,220.0 50,763.9 117,721.1 285,009.1 29,520.2 69,400.4 83,056.7 1,363.5 45,273.3 2,142.5     287,791.4 408,679.4 1,847.0    
    1999   2,156.5 167,216.4 388,224.6 519,058.3 40,526.5 82,407.7 388,637.2 8,933.6 129,413.6 3,347.5     948,958.6 780,963.5 2,171.6    
    2000   2,921.5 81,065.7 227,400.4 232,252.3 12,690.2 28,113.1 285,964.7 9,647.7 130,447.1 6,579.2     659,423.9 357,659.9 1,541.7    
                                       
    2001   341.3 24,298.0 101,315.0 108,272.1 10,242.2 26,177.1 37,865.1 633.9 14,669.4 169.5 1.4 4.7 164,434.3 159,555.3 1,331.9    
    January 54.8 3,638.4 17,276.3 21,800.1 3,007.8 7,967.5 7,097.3 49.8 2,766.3 45.9     30,202.4 33,501.7 1,687.0    
    February 20.6 1,381.6 11,142.6 7,019.8 1,034.4 3,440.0 6,424.0 42.4 2,341.6 25.5     20,963.2 11,909.3 1,613.5    
    March 19.3 1,422.3 6,673.8 5,643.4 696.4 1,802.3 2,532.8 22.0 932.8 10.9     10,855.1 8,900.9 1,446.4    
    April 14.0 1,225.2 4,535.0 4,782.0 423.8 1,324.2 555.8 8.2 395.7 5.1     5,924.3 7,344.6 1,378.8    
    May 35.6 2,624.6 7,335.5 12,998.9 894.8 1,670.8 1,252.5 17.4 562.3 8.0     10,080.6 17,319.6 1,402.3    
    June 19.7 2,191.5 8,526.0 11,812.1 1,240.6 1,862.4 5,830.0 180.5 1,165.8 13.1     16,782.2 16,059.6 1,410.1    
    July 15.9 1,452.9 8,534.8 7,055.7 294.5 739.5 7,209.0 150.8 1,323.9 20.6 0.7 2.9 17,378.8 9,422.4 1,362.9    
    August 22.7 1,470.0 12,157.4 7,998.2 545.8 1,285.0 2,779.4 79.7 605.9 9.6 0.4 1.0 16,111.5 10,843.5 1,265.4    
    September 20.5 1,321.1 5,723.5 9,805.9 503.2 1,781.1 1,052.2 22.3 540.7 3.6 0.2 0.7 7,840.4 12,934.6 1,126.6    
    October 32.7 2,464.5 3,104.1 7,566.9 521.8 1,337.4 1,185.8 29.3 400.3 2.5 0.0 0.0 5,244.8 11,400.6 993.4    
    November 31.7 1,649.9 9,123.5 5,823.6 639.4 1,802.5 1,225.9 19.5 416.8 3.7 0.0 0.0 11,437.4 9,299.3 1,128.5    
    December 53.6 3,456.2 7,182.5 5,965.6 439.6 1,164.6 720.5 12.1 3,217.3 21.0 0.0 0.1 11,613.6 10,619.5 1,168.1    
    2002   684.6 31,240.0 55,102.8 94,304.0 9,203.9 27,794.1 12,194.3 361.6 18,111.7 153.2 5.1 17.0 95,302.4 153,869.8 1,221.9    
    January 55.5 3,270.2 13,604.9 21,706.1 1,150.1 3,318.7 1,853.2 70.6 2,367.3 21.3 0.0 0.0 19,031.0 28,387.0 1,361.9    
    February 49.2 2,926.4 13,171.9 8,860.6 1,544.8 3,817.2 3,824.5 99.4 3,630.0 46.4 0.0 0.1 22,220.3 15,750.0 1,406.2    
    March 42.4 1,848.1 7,228.5 7,580.2 659.1 2,419.6 2,188.7 58.0 1,269.9 13.1 0.0 0.1 11,388.6 11,919.2 1,403.6    
    April 82.9 4,727.4 5,686.5 7,992.5 2,349.8 6,824.9 1,209.8 48.1 808.4 6.7 0.0 0.0 10,137.3 19,599.6 1,346.1    
    May 81.0 3,895.6 3,032.6 8,019.5 459.8 1,967.7 1,003.2 35.4 1,878.5 8.1 0.0 0.0 6,455.0 13,926.2 1,315.0    
    June 47.0 1,811.4 2,437.7 4,114.2 482.0 2,025.7 577.4 15.2 1,900.6 36.3 0.0 0.0 5,444.7 8,002.7 1,156.4    
    July 39.1 1,314.8 2,751.6 5,735.2 451.0 1,735.6 405.0 6.7 1,631.9 6.2 0.0 0.0 5,278.4 8,798.5 1,123.2    
    August 38.4 1,197.0 1,344.4 3,309.6 562.4 1,948.2 221.0 8.7 2,112.9 7.4 0.0 0.0 4,279.0 6,471.0 1,103.4    
    September 196.4 8,602.7 2,891.5 17,713.7 422.3 1,296.8 290.6 9.7 774.9 2.7 0.8 2.2 4,576.5 27,627.8 1,129.3    
    October 33.2 868.0 1,357.2 4,821.4 803.6 1,467.2 367.2 5.5 1,165.2 3.1 0.2 0.6 3,726.6 7,166.0 1,048.5    
    November 19.7 778.4 1,596.2 4,450.9 319.2 972.6 253.6 4.1 572.2 1.9 4.0 14.0 2,764.9 6,221.9 1,047.2    
    December                                  
                                       
                                       
  */     Period Average                                
                                       
                                     
  Source:  Philippine Stock Exchange(PSE)