Tender Result of the reopening of 5-Year Exchange Fund Notes :- Tender date : 16 July 2003 Paper on offer : EF Notes Issue number : 5609 Issue date : 17 July 2003 Maturity date : 18 September 2006 Coupon : 4.88% Amount applied : HK$5,200 MN Amount allotted : HK$1,200 MN Average price accepted (yield) : 108.49 (2.11 PCT) Lowest price accepted (yield) : 108.47 (2.12 PCT) Pro rata ratio : About 64 PCT Average tender price (yield) : 108.39 (2.14 PCT) End/Wednesday, 16 July, 2003 NNNN