Tender date : 18 March 2005 Paper on offer : EF Notes Issue number : 5003 Issue date : 21 March 2005 Maturity date : 22 March 2010 Coupon : 3.52% Amount applied : HK$1,202 MN Amount allotted : HK$600 MN Average price accepted (yield) : 98.84 (3.81%) Lowest price accepted (yield) : 98.78 (3.83%) Pro rata ratio : About 94 PCT Average tender price (yield) : 98.74 (3.84 PCT) End/Friday, 18 March, 2005 NNNN