Treasury Bills Issue Number                                           TB -091-02052007

Auction Date                                                                 02 May 2007

Settlement Date                                                             04 May  2007

Maturity Date                                                                 03 August 2007

Amount Offered (Face Value)                                          M 170 million

Total of bids received                                                      M 362.64 million

Amount Issued                                                              M 170 million

Allocation Price of successful bids                                  98.130

Equivalent Discount Rate                                                7.5005%

Equivalent Annual Effective Yield                                     7.8656%

Allocation at the cut-off                                                   100%

Range of successful prices                                             98.280-98.130

Range of unsuccessful prices                                          98.130-98.105