Exchange Fund Notes Tender Result

Tender date                      :   14 June 2013

Paper on offer                   :   EF Notes

Issue number                     :   05Y1806

Issue date                       :   17 June 2013

Maturity date                    :   18 June 2018

Coupon                           :   0.79%

Competitive Tender Result

Amount applied                   :   HK$2,750 MN

Amount allotted                  :   HK$1,000 MN

Average price accepted (yield)   :   99.95 (0.80 PCT)

Lowest price accepted (yield)    :   99.89 (0.81 PCT)

Pro rata ratio                   :   About 40 PCT

Average tender price (yield)     :   99.81 (0.83 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 June 2013

Paper on offer                   :   EF Notes

Issue number                     :   05Y1606
                                     (Re-opening issue)

Issue date                       :   17 June 2013

Maturity date                    :   13 June 2016

Coupon                           :   1.57%

Competitive Tender Result

Amount applied                   :   HK$3,816.95 MN

Amount allotted                  :   HK$1,200 MN

Average price accepted (yield)   :   103.47 (0.40 PCT)

Lowest price accepted (yield)    :   103.42 (0.42 PCT)

Pro rata ratio                   :   About 9 PCT

Average tender price (yield)     :   103.39 (0.43 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 June 2013
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