Subject: Greek Financial Market Update on June 1 Topic: misc-news From: Rising Sun Greek stocks dropped slightly in light volume to 890.31 points, or down 0.13 %. Turkish provocative military exercise news was another factor discouraged investors. Turnover was 2.9 bil drs on 1.5 mil shares traded(692m shares declined). Only construction secor was up. Most active stocks were Strintzis Lines(146m shs) and Attica Enterpr(105m shs). Shelman/p hit limitup. Forex fixing: usd= 228.195 drs, dem=160.000 -USD linked bond sales results: Finance Ministry ordered to halt the sales of USD linked bond due to massibe demand totalling usd 5.6 bil. Foreign investors rushed in the late afternoon reflecting the wake of USD rise on world markets yestereday. The final amount sold was usd 1 bil. Also this caused the shortage of liquidity and central bank intervined to 24% overnight offer from 15.8% bid. -Half of Treasury issues sold yesterday were electronically registered. -Olympic Airways will hike fares from July 1. -Freeing of 30 % of commercial bank's foreign exchange depos with Bk of Greece begins today. Goldenbull