Emerging Markets Clearing Corporation

IMPORTANT NOTICE


No: 364

Date: September 23, 2003

TO: All Members

FROM:EMCC

SUBJECT: New EMCC Eligible Instrument

At the request of its members, EMCC is adding one (1) new instrument. The first acceptable trade date will be September 25, 2003.

ISIN

ELIGIBLE SECURITY

MINIMUM  / MULTIPLE

US900123AS92

Republic of Turkey – 9.50%
Maturity Date: January 15, 2014

1,000 / 1,000

Questions or comments concerning this notice may be directed to International Services in New York at +1 212 855-1672 or DTCC London office at +44 (0) 20 7444-0418.

Janice M. Gregory