June 24, 2011 Issue 125, Quarter I. ECX Market Summary. ECX Traded Commodity Volume Market Share. ECX Traded Commodity Value Market Share

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1 June 24, 2011 Issue 125, Quarter I ECX Market Summary Volume and Value Performance ECX Vs. International Market ECX & International Trend On Friday the 24 th of June 2011, a total of 388 tons of coffee, 349 tons of sesame, 46 tons of pea beans and 130 tons of Maize had been transacted at the Exchange floor for a total value of ETB 35.9 million. Coffee finished the rally by controlling the volume and value lion share of 43% and 77%, respectively. Page 15 for details Volume and Value Performance ECX Vs. International Market ECX & International Trend ECX Traded Commodity Volume Market Share Volume and Value Performance ECX Vs. International Market ECX & International Trend ECX Traded Commodity Value Market Share Detailed transaction report ECX Traded Commodity Month to Date Trend Warehouse stock position as of Dec 31 Local & International market commentary 1

2 ECX Coffee Index* Today Previous day % Composite Washed Unwashed Local *The ECX Coffee Index tracks grade based relative price change basketed in each respective category with the weighted prices as a baseline. ECX Washed Export Coffee Volume and Value performance Traded Product Today price* in ETB/Feresulla Previous day price in ETB/Feresulla % Volume in Ton Value in ETB Market Share in % Volume Value Washed Index Sidama 1, , ,645, Total ,645, ECX Unwashed Export coffee Volume and Value Performance Traded Product Today price* in ETB/Feresulla Previous day price in ETB/ Feresulla % Volume in Ton Value in ETB Market Share in % Volume Value Unwashed Index Forest 1, , ,574, Harar 1, , ,448, Jimma 1, , ,268, Lekempti 1, , ,405, Sidama 1, , ,341, Total ,037,

3 ECX Local coffee Volume and Value Performance Traded Product Today price* in ETB/Feresulla Previous day price in ETB/ Feresulla % Volume in Ton Value in ETB Market Share in % Volume Value Local Index Washed Sidama 1, , , Unwashed Byproduct ,320, Unwashed Forest , , Unwashed Lekempti , Total ,387, * stands for derived dividing the total transaction value by total transaction volume date ECX Export Parity Comparison to International Futures & Spot s ECX Washed Export price* in US Cents/Lb ECX Unwashed Export price in US Cents/Lb ICE Futures price in US Cents/Lb ECX Washed Export Vs. ICE Futures ECX Unwashed Vs. Ice Futures Previous day Today *The ECX off parchment Washed and Unwashed in comparison with ICE Futures are Export Parity s that include 17 US Cents/ Lb on top of the price at the exchange floor for costs incurred to process and export to international markets, FOB Djibouti. Exchange rate: 1USD = ETB 3

4 ECX Washed & Unwashed Export Parity WAP Vs. Colombian, Other Mild Arabicas & Brazilian Naturals Date ECX Washed* price in US /lb Colombian Mild price in US /lb ECX Washed Vs. Colombian Mild Other Mild Arabicas % Difference ECX Washed Vs. Other Mild Arabica ECX Unwashed** in US /lb Brazilian Naturals AVERAGE in US /lb ECX Unwashed Vs. Brazilian Naturals Previous day Today *Off Parchment of ECX Washed referes to Colombian Mild comparable that is blend of all grades of one of the following coffee types with certain +/- price margin on ICE Futures: Limmu & Sidama **ECX Unwashed Brazilian Equivalent is blend of all grades of one of the following coffee types: Jimma and Sidama including parchment with certain minus price margin on ICE Future 4

5 ECX sesame Index* Today Previous day % Composit Humera Wollega *ECX Sesame Index tracks grade base relative price change basketed in each respective category against the first day the specific grades are traded as base line. ECX Humera Export Sesame Volume & Value Performance Traded Product Today price in ETB/Ton Previous day price in ETB/Ton % Volume in Ton Value in ETB Market Share in % Volume Value Humera Index Humera Whitish 2, , ,219, Total ,219, * price stands for Weighted derived dividing the total transaction value by total transaction volume ECX Humera & Wollega Vs International market price Traded Product Today price in ETB/Ton Previous day price in ETB/Ton % Volume in Ton Value in ETB Market Share in % Volume Value Wollega Index Wollega Whitish 1, ,968, ECX Wollega Export Sesame Volume & Value Performance Total ,968,

6 ECX Export Parity Comparison to International Futures & Spot s Sesame Type ECX Sesame price/ton* in USD price/ton Nigerian natural FOB Lagos % Difference ECX Sesame Vs. Nigerian Natural price/ton Sudan natural CIF Europe ECX Sesame Vs. Sudan natural price/ton India natural CIF Europe ECX Sesame Vs. Indian ECX Humera 1, , , , ECX Wollega 1, , , , *The ECX Humera & Wollega price/ton is export parity including 8 US Cents/lb for processing & exporting FOB Djibouti. USD1=16.85 ETB date ECX Humera & Wollega Export Parity WAP Vs. Humera & Wollega Naturals on International Market ECX Humera AVERAGE/Ton Humera Int l Mkt AVERAGE/Ton ECX Humera Vs. Humera Int l ECX Wollega AVERAGE/Ton Wollega Int l AVERAGE/Ton ECX Wollega Vs. Wollega Int l Mkt Previous day 1, , , Today 1, , , ,

7 ECX Pea Bean Index* Today Previous % day Composite Round PB Flat PB ECX Flat White Pea Bean Volume & Value Performance *ECX Pea Bean Index tracks grade base relative price change basketed in each respective category against the first day the specific grades are traded as baseline Traded Product Today price* in ETB/Quintal Previous day price in ETB/Quintal % Volume in Ton Value in ETB Market Share in % Volume Value Flat PB Index Flat White PB , Total , ECX Round & Flat Export Parity WAP Vs International Market date ECX Round Pea bean price* in USD/Ton ECX Flat Pea bean AVERAGE in USD/Ton US#1 Haricot bean at CBOT CIF UK price in USD/Ton ECX Round Pea bean Vs. US #1 Haricot bean *The ECX Round and Flat Export Parity price includes 7 US Cents/kg for costs incurred to process and export to international markets, FOB Djibouti. Exchange rate: 1USD = ETB ECX Flat Pea bean Vs US#1 Haricot bean Previous day Today

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9 ECX Washed Export Coffee Transaction Details Coffee Type Symbol & Grade Closing Intraday % change from Previous closing Day high Day low Volume in Ton Sidama A WSDA4 1,200 1, ,200 1, Sidama A WSDA6 1,070 1, ,070 1, Sidama A WSDA3 1,230 1, ,230 1, Sidama B WSDB4 1,170 1, ,170 1, Sidama C WSDC5 1,100 1, ,100 1, Subtotal ECX Unwashed Export Coffee Transaction Details Coffee Type Symbol & Grade Opening Closing Intraday % change from Previous closing Day high Day low Volume in Ton Lekempti ULK7 1,340 1, ,345 1, Lekempti ULK8 1,325 1, ,325 1, Jimma A UJMA9 1,245 1, ,245 1, Jimma A UJMA8 1,000 1, ,000 1, Jimma B UJMB7 1,320 1, ,320 1, Jimma B UJMB5 1,355 1, ,355 1, Forest A UFRAUG 1,245 1, ,245 1, Forest A UFRA8 1,275 1, ,275 1, Forest B UFRB9 1,275 1, ,275 1, Forest B UFRB8 1,300 1, ,300 1, Harar A UHRA5 1,460 1, ,455 1, Harar A UHRA4 1,480 1, ,480 1, Harar B UHRB6 1,450 1, ,450 1, Harar B UHRB9 1,320 1, ,320 1,

10 Harar B UHRB7 1,440 1, ,440 1, Harar C UHRC5 1,440 1, ,440 1, Sidama A USDA8 1,200 1, ,200 1, Sidama A USDA6 1,300 1, ,300 1, Sidama A USDA5 1,300 1, ,300 1, Sidama A USDA7 1,360 1, ,360 1, Sidama B USDB7 1,270 1, ,270 1, Sidama B USDBUG 1,000 1, ,000 1, Sidama C USDC7 1,330 1, ,350 1, Subtotal ECX Local Coffee Transaction Details Coffee Type Symbol & Grade Opening Closing Intraday % change from Previous closing Day high Day low Volume in Ton Washed Sidama LWSD2 1,240 1, ,240 1, Washed Sidama LWSD4 1,050 1, ,050 1, Unwashed Byproduct LUBP Unwashed Byproduct LUBP5A Unwashed Byproduct LUBPDD5C Unwashed Forest LUFR Unwashed Wollega LUWG5B Subtotal Grand Total Coffee

11 ECX Humera Sesame Transaction Details Sesame Type Symbol & Grade Opening Closing Intraday % change from Previous closing Day high Day low Volume in Ton Whitish WHGS3 2,060 2, ,063 2, Whitish WHGS2 2,080 2, ,080 2, Whitish WHGS4 2,085 2, ,085 2, Whitish WHGS2 2,060 2, ,065 2, Whitish WHGSUG 1,900 1, ,900 1, Whitish WHGS3 2,080 2, ,080 2, Subtotal ECX Wollega Sesame Transaction Details Sesame Type Symbol & Grade Opening Closing Intraday % change from Previous closing Day high Day low Volume in Ton Whitish WWSS5 1,850 1, ,850 1, Whitish WWSS3 1,940 1, ,950 1, Whitish WWSS3 1,985 1, ,985 1, Whitish WWSS4 1,910 1, ,910 1, Whitish WWSSUG 1,692 1, ,692 1, Subtotal Grand Total Sesame

12 ECX Flat Pea Bean Transaction Details Pea Beans Type Symbol & Grade Opening Closing Intraday % change from Previous closing Day high Day low Volume in Ton White FWPA White FWPALG Subtotal Grand Total Pea Bean

13 As of June 24, 2011 Commodities WHR Lots Unwashed Jimma BQ2 1 3 Washed Sidama CQ Local Unwashed Local Washed Unwashed Sidama Unwashed Forest Unwashed Harar Unwashed Jimma Unwashed Lekempti Unwashed Sidama Unwashed Yirgachefe Mixed Washed Coffee Semi Washed Limmu Washed Limmu Washed Sidama Washed Yirgachefe Total ,

14 Commodities WHRs Lots Mixed Humera/Gondar Sesame Seed Mixed Sesame Seed Whitish Humera/Gondar Sesame Seed Whitish Wellega Sesame Seed Total 698 1, Commodities WHRs Lots Flat White Pea Beans Round White Pea Beans Total

15 On Friday the 24th of June 2011 a total of 388 tons of coffee, 349 tons of sesame, 46 tons of pea beans and 130 tons of Maize had been transacted at the Exchange floor for a total value of 35.9 million ETB. Following the rainy season, the sesame is giving its rank to coffee. Coffee finished the rally with the volume and value lion share of 43% and 77%, respectively. In aggregate 388 tons of coffee had fetched total value of ETB 27.8 million. 35 types of coffee had been traded on the day, of which 23 types were from unwashed export coffee category. The unwashed export coffee dominated the coffee session by controlling 71% and 65% of the total value and volume traded on the day. The price of most of the unwashed coffee is in an increase mood while the price of washed coffees rod down by 2% for Washed Sidama A and 4% for washed Sidama B over the last day. Off parchment export parity price for Washed settled 7.07% below ICE Futures September delivery at US Cents/lb while Colombian comparable Sidama closed at US Cents/lb. On the other hand, a total of 349 tons of sesame seed had been transacted for value of ETB 7 million, of which the Humera type controlled the session by commanding 73% and 74% of total traded volume and value on the day, respectively. Compared to the previous day, price of sesame is in a declining trend. Export parity price of Humera sesame settled at 1, USD/ton while Wollega settled at 1, USD/ton. 15