Treasury Bills Issue Number                               : TB -091-02012008

Auction Date                                                     :  02 January 2008

Settlement Date                                                 :  04 January 2008

Maturity Date                                                     :  04 April 2008 

Amount Offered (Face Value)                              :  M 150 million

Total of bids received                                          :  M 235,5 million

Amount Issued                                                  :  M 150 million

Allocation Price of successful bids                      :  97.730

Equivalent Discount Rate                                    : 9.1049%        

Equivalent Annual Effective Yield                         : 9.6473%

Allocation at the cut-off                                       :  100%

Range of successful prices                                 :  98.005 - 97.730

Range of unsuccessful prices                              :  97.730 - 97.665