Cyprus News Agency: News in English, 02-06-05

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From: The Cyprus News Agency at <http://www.cyna.org.cy>

CONTENTS

[01] Cyprus gets assurances from EU Commissioner

[02] Cyprus Stock Exchange

[03] Weather and Temperatures for Cyprus

[04] House blames many for Stock Exchange problems

[05] Clerides and Denktash pressed on with security

[01] Cyprus gets assurances from EU Commissioner

1000:CYPPRESS:01

Cyprus gets assurances from EU Commissioner

Brussels, Jun 5 (CNA) -- European Union Commissioner responsible for enlargement Gunter Verheugen has assured Cyprus Foreign Minister Ioannis Kasoulides that Cyprus will be one of ten applicant countries to be invited to join the Union, at the Copenhagen summit in December.

[02] Cyprus Stock Exchange

1455:CYPPRESS:02

Cyprus Stock Exchange

Nicosia, Jun 5 (CNA) - The Cyprus Stock Exchange (CSE) All Share
Index closed at today's stock exchange meeting as follows:

CSE General Index                              100,37  ( 0,64)

Traded Value                  CYP    522.954

FTSE/CYSE 20                  CYP    188.179   421,63  ( 0,68)

Sectoral Indices

Banks                         CYP    125.011   119,34  ( 0,81)
Approved Investment
Companies                 CYP      8.900    86,79  ( 0,00)
Insurance Companies           CYP      1.517    30,20  (-0,59)
Manufacturing Companies       CYP     36.646    62,04  ( 1,11)
Tourism Companies             CYP      3.161    79,78  ( 0,66)
Trading Companies             CYP     23.754    22,64  ( 0,22)
Building and Cement Companies CYP      3.937    56,44  ( 3,41)
Énformation Technology
Companies                 CYP      8.056     4,33  ( 0,70)
Financial Services Companies  CYP     20.733    15,46  (-1,21)
Fish Culture Companies        CYP        128    16,59  (-1,19)
Hotels                        CYP     72.237    58,38  ( 0,21)
Other Companies               CYP    192.528    98,65  ( 0,78)

* The third column presents the percentage variation of

[03] Weather and Temperatures for Cyprus

1520:CYPPRESS:03

Weather and Temperatures for Cyprus

Nicosia, Jun 5 (CNA) - Today's weather and temperatures for Cyprus,
according to the Meteorological Service at Larnaca International
Airport are:

Temperatures (degrees Celcius)
---------------------------------------------------------------
Station               Maximum     Minimum       Weather
(At 1200 UTC)
---------------------------------------------------------------
Nicosia                  30          14          FAIR
Larnaca                  27          16          FAIR
Limassol                 27          18          FAIR
Paphos                   26          16          FAIR

[04] House blames many for Stock Exchange problems

1620:CYPPRESS:04

House blames many for Stock Exchange problems

Nicosia, Jun 5 (CNA) -- A voluminous report on the Cyprus Stock Exchange, prepared by two House of Representatives Committees investigating allegations of mismanagement, misconduct and fraud during 1999 and 2000, said the cabinet, the Finance Minister, the Police Force and the Law Office of the Republic have political responsibilities for what happened at the Stock Exchange in the period under review.

The House Watchdog and Finance Committees said in their report that previous Stock Exchange Boards and Securities Exchange Commissions, the Central Bank, the chairmen of the two major banking institutions (the Bank of Cyprus and the Popular Bank), the association of brokers, and accountants and lawyers who might have allowed misleading information about companies to filter through to the public also have a share of special responsibility.

[05] Clerides and Denktash pressed on with security

2000:CYPPRESS:05

Clerides and Denktash pressed on with security

Nicosia, Jun 5 (CNA) - Cyprus President Glafcos Clerides and Turkish Cypriot leader Rauf Denktash met today for two hours in Nicosia, in the context of the fourth round of UN-led direct talks, aiming at a comprehensive solution of the Cyprus problem.

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