Exchange Fund Notes Tender Result

Tender date                      :   19 August 2009

Paper on offer                   :   EF Notes

Issue number                     :   15Y2408

Issue date                       :   20 August 2009

Maturity date                    :   20 August 2024

Coupon                           :   2.60%

Competitive Tender Result

Amount applied                   :   HK$3,520 MN

Amount allotted                  :   HK$600 MN

Average price accepted (yield)   :   102.06 (2.45 PCT)

Lowest price accepted (yield)    :   101.95 (2.46 PCT)

Pro rata ratio                   :   About 10%

Average tender price (yield)     :   101.46 (2.50 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/Wednesday, 19 August, 2009
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