Tender date : 24 November 2004 Paper on offer : EF Notes Issue number : 7111 Issue date : 25 November 2004 Maturity date : 25 November 2011 Coupon : 3.12% Amount applied : HK$990 MN Amount allotted : HK$600 MN Average price accepted (yield) : 99.92 (3.16 PCT) Lowest price accepted (yield) : 99.75 (3.19 PCT) Pro rata ratio : About 21 PCT Average tender price (yield) : 99.85 (3.17 PCT) End/Wednesday, 24 November, 2004 NNNN