Tender date : 13 May 2003 Paper on offer : EF Notes Issue number : 2505 Issue date : 14 May 2003 Maturity date : 16 May 2005 Coupon : 1.61% Amount applied : HK$7,730.4 MN Amount allotted : HK$1,200 MN Average price accepted (yield) : 100.28 (1.47 PCT) Lowest price accepted (yield) : 100.26 (1.48 PCT) Pro rata ratio : About 2 PCT Average tender price (yield) : 100.22 (1.50 PCT) End/Tuesday, 13 May, 2003 NNNN