Exchange Fund Notes Tender Result

Tender date                      :   24 June 2008

Paper on offer                   :   EF Notes

Issue number                     :   10Y1806

Issue date                       :   25 June 2008

Maturity date                    :   25 June 2018

Coupon                           :   3.56%
 

Competitive Tender
Result

Amount applied                   :   HK$2,010 MN

Amount allotted                  :   HK$800 MN

Average price accepted (yield)   :   98.62 (3.76 PCT)

Lowest price accepted (yield)    :   98.30 (3.80 PCT)

Pro rata ratio                   :   About 14%

Average tender price (yield)     :   98.30 (3.80 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/Tuesday, 24 June 2008
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