Tender date : 22 April 2005 Paper on offer : EF Notes Issue number : 5806 (Reopen) Issue date : 25 April 2005 Maturity date : 16 June 2008 Coupon : 2.47% Amount applied : HK2,672 MN Amount allotted : HK$1,200 MN Average price accepted (yield) : 98.52 (2.99%) Lowest price accepted (yield) : 98.49 (3.00%) Pro rata ratio : About 59 PCT Average tender price (yield) : 98.46 (3.01%) End/Friday, 22 April, 2005 NNNN