Tokyo Commodity Exchange Price Limits On Gold Futures And Gold Options Contracts

At the Precious Metals Market Management Committee held on December 14, 2005 decisions were made to maintain the current price limit imposed on gold futures and gold options contracts as following:

On and after December 15, 2005, the price limits imposed on gold futures and gold options contracts will be maintained as JPY 75 for the time being, for all contract months except the spot contract month, notwithstanding the provision of Item (2) “Expansion of Daily Price Fluctuation Limits” of Article 2 of the Regulations Governing Management of Precious Metals Market.

Lifting of aforementioned measure will be determined taking into consideration of the price movements, etc., and will be notified as soon as the decision is made.