I. Introduction II. Revenue generation

Annex IIOil proceeds and humanitarian supply letters of credit as at 15 August 2002Oil proceeds (United States dollars)PhaseLast DepositNumber of letters of creditopened Value of letters of creditI 27 June 1997 123 2 149 806 395.99II 2 January 1998 130 2 124 569 788.26III 30 June 1998 186 2 085 326 345.25IV 28 December 1998 280 3 027 147 422.35V 25 June 1999 333 3 947 022 565.12VI 23 December 1999 352 7 401 894 881.57VII 10 July 2000 353 8 301 861 931.46VIII 5 December 2000 319 8 296 257 148.06Total 2 076 37 333 886 478.06Oil proceeds (euros)PhaseLast DepositNumber of letters of creditopened Value of letters of creditVIII 29 December 2000 63 1 579 613 927.64IX 5 July 2001 204 6 668 418 518.42X 2 January 2001 216 5 916 743 692.25XI 25 June 2002 180 4 934 707 709.36XII (Current Phase) As of 15 August 2002 48 1 189 998 492.76Total 711 20 289 482 340.43Humanitarian supply letters of credit for ESB (59 per cent) account and bulk procurement(United States Dollars)PhaseNumber of letters ofcredit openedValue of letters of creditopenedBank payments made ondeliveryI 870 1 229 078 786.79 1 209 308 382.81II 538 1 193 975 676.69 1 179 588 382.74III 672 1 210 934 759.07 1 181 010 934.72IV Humanitarian supplies 718 1 601 338 031.83 1 542 367 586.21IV Oil Spare Parts 504 285 341 206.60 256 380 958.84V Humanitarian supplies 1 075 1 918 186 204.19 1 724 023 095.72V Oil Spare Parts 551 306 761 744.85 260 743 878.47VI Humanitarian supplies 1 745 3 692 313 687.02 2 795 382 209.94VI Oil Spare Parts 953 538 945 668.88 365 542 452.16VII Humanitarian supplies 2 442 4 323 279 806.76 3 510 218 655.42VII Oil Spare Parts 825 544 438 160.54 340 786 149.70VIII Humanitarian supplies 1 719 4 670 701 906.37 3 656 880 244.96VIII Oil Spare Parts 511 400 216 760.54 199 143 964.24Total 13 123 21 915 512 400.13 18 221 376 895.93Humanitarian supply letters of credit for ESB (59 per cent) account and bulk procurement(euros)PhaseNumber of letters ofcredit openedValue of letters of creditopenedBank payments made ondeliveryVIII Humanitarian supplies 370 908 229 236.60 407 216 832.30VIII Oil Spare Parts 195 211 184 660.21 68 097 100.91IX Humanitarian 1 266 3 774 060 323.37 2 082 467 000.58IX Oil Spare Parts 481 615 349 561.97 165 623 775.55X Humanitarian 1 003 3 362 358 710.10 1 660 533 034.48X Oil Spare Parts 371 324 150 736.42 8 457 907.14XI Humanitarian 692 2 247 401 984.63 159 614 220.61XI Oil Spare Parts 10 10 056 821.68XII Humanitarian 47 231 018 464.53XII Oil Spare Parts - -Total 4 435 11 683 810 499.51 4 552 009 871.57