Tender Result of the reopening of 5-Year Exchange Fund Notes :- Tender date : 16 April 2003 Paper on offer : EF Notes Issue number : 5606 Issue date : 17 April 2003 Maturity date : 12 June 2006 Coupon : 5.43% Amount applied : HK$5,020.45 MN Amount allotted : HK$1,200 MN Average price accepted (yield) : 109.35 (2.35 PCT) Lowest price accepted (yield) : 109.33 (2.36 PCT) Pro rata ratio : About 40 PCT Average tender price (yield) : 109.24 (2.38 PCT) End/Wednesday, 16 April, 2003 NNNN