Tender date : 21 June 2004 Paper on offer : EF Notes Issue number : 5906 Issue date : 23 June 2004 Maturity date : 23 June 2009 Coupon : 3.70% Amount applied : HK1,550 MN Amount allotted : HK$600 MN Average price accepted (yield) : 100.01 (3.73 PCT) Lowest price accepted (yield) : 100.00 (3.73 PCT) Pro rata ratio : About 60 PCT Average tender price (yield) : 99.96 (3.74 PCT) End/Monday, 21 June, 2004 NNNN