1. Turnover on the JSE Equities Market (Calendar Years)

Excluding Abitrage        Month ended    Year to    Year      % 
                          Oct 97         date       to date  Change
                                         1997       1996     Year to
                                                             date

     Value (R Million)    21,860        172,888     94,156   +83.6

     Number of Deals     258,013      1,992,090  1,168,288   +70.5

     Volume (Million)      1,777         15,043      7,205  +108.8

Arbitrage

     Value (R Million)     8,678         53,914      33,789   +59.6

     Number of Deals      11,570         96,147      79,803   +20.5

     Volume (Million)        345          2,592       1,453   +78.4


Excluding Abitrage           1996          1995        1994

     Value (R Million)    117,099        63,247      62,542

     Number of Deals     1,440,24       762,091     820,309

     Volume (Million)       8,993         5,148       5,798

Arbitrage

     Value (R Million)    41,474         21,700      21,575

     Number of Deals     100,089         59,128      53,811

     Volume (Million)      1,798          1,029         998


as at 31 October 1997

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

For further information contact Ailsa Thorpe at the Johannesburg Stock Exchange - Tel: +27 11 377 2306, Fax: +27 11 834 7402, Web:http://www.jse.co.za.