Tender date : 17 March 2006 Paper on offer : EF Notes Issue number : 5103 Issue date : 20 March 2006 Maturity date : 21 March 2011 Coupon : 4.23% Amount applied : HK$1,823 MN Amount allotted : HK$1,000 MN Average price accepted (yield) : 99.88 (4.30 PCT) Lowest price accepted (yield) : 99.80 (4.32 PCT) Pro rata ratio : About 62 PCT Average tender price (yield) : 99.80 (4.32 PCT) End/Friday, 17 March 2006 NNNN