Tender date : 25 August 2004 Paper on offer : EF Notes Issue number : 7108 Issue date : 26 August 2004 Maturity date : 26 August 2011 Coupon : 3.93% Amount applied : HK1,835 MN Amount allotted : HK$600 MN Average price accepted (yield) : 101.56 (3.71 PCT) Lowest price accepted (yield) : 101.52 (3.72 PCT) Pro rata ratio : About 99 PCT Average tender price (yield) : 101.42 (3.73 PCT) End/Wednesday, 25 August, 2004 NNNN