News Release 20 December 2006 GOVERNMENT OF JAMAICA TREASURY BILL RESULTS Applications were opened on 20 December 2006, at the Bank of Jamaica, for $900,000,000.00 GOJ Treasury Bills to be dated Friday, 22 December 2006 and redeemed on Friday, 23 March 2007 (91 days) and Friday, 22 June 2007 (182 days). The results are as follows: 91 Days 182 Days Amount Applied for $ 415,005,400 $ 697,818,400 Amount Allotted $ 400,000,000 $ 500 000 000 Full Allotment (price) 97.08338 - 96.98244 94.30988 – 94.13284 Full Allotment (yield) 12.04998 – 12.47999% 12.10001 – 12.49995% Partial Allotment (price) 96.97776 94.13282 Partial Allotment (yield) 12.49995% 12.49999% Percentage Partial Allotment 39.98040% 54.36660% Average Discount 11.90% 11.60% Average Yield 12.26% 12.31% Total nominal amount of Treasury Bills outstanding as at 22 December 2006 is $4,700,000,000.00. Applications for the next issue of GOJ Treasury Bills must be lodged at the Bank of Jamaica by 11:30 a.m. on Wednesday, 24 January 2007. BANK OF JAMAICA