Exchange Fund Notes Tender Result

Tender date                      :   14 March 2008

Paper on offer                   :   EF Notes

Issue number                     :   05Y1303

Issue date                       :   17 March 2008

Maturity date                    :   18 March 2013

Coupon                           :   2.03%

Competitive Tender Result

Amount applied                   :   HK$7,880 MN

Amount allotted                  :   HK$1,000 MN

Average price accepted (yield)   :   100.32 (1.97 PCT)

Lowest price accepted (yield)    :   100.25 (1.99 PCT)

Pro rata ratio                   :   100 PCT

Average tender price (yield)     :   100.10 (2.02 PCT)

Non-competitive Tender
Results(for applications submitted through Hong Kong Securities
Clearing Company Limited)

Amount applied                   :   0

Amount allotted                  :   0

Allotment Price (yield)          :   Nil

* * * * * * * * * *

Tender date                      :   14 March 2008

Paper on offer                   :   EF Notes

Issue number                     :   5103
                                     (Re-opening issue)

Issue date                       :   17 March 2008

Maturity date                    :   21 March 2011

Coupon                           :   4.23%

Competitive Tender
Result

Amount applied                   :   HK$7,970 MN

Amount allotted                  :   HK$1,200 MN

Average price accepted (yield)   :   108.07 (1.48 PCT)

Lowest price accepted (yield)    :   108.03 (1.50 PCT)

Pro rata ratio                   :   About 71 PCT

Average tender price (yield)     :   108.00 (1.51 PCT)

Non-competitive Tender
Results(for applications submitted through Hong Kong Securities
Clearing Company Limited)

Amount applied                   :   0

Amount allotted                  :   0

Allotment Price (yield)          :   Nil

 

End/Friday, 14 March 2008
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