Tender date : 14 November 2006 Paper on offer : EF Notes Issue number : 2811 Issue date : 15 November 2006 Maturity date : 17 November 2008 Coupon rate : 3.80% Competitive Tender Result Amount applied : HK$3,222 MN Amount allotted : HK$1,000 MN Average price accepted (yield) : 100.23 (3.71%) Lowest price accepted (yield) : 100.20 (3.73%) Pro rata ratio : About 6% Average tender price (yield) : 100.19 (3.73%) Non-competitive Tender Results Amount applied : HK$207 MN Amount allotted : HK$200 MN Allotment Price (yield) : 100.20 (3.73%) Pro rata ratio : About 95% End/Tuesday, 14 November, 2006 NNNN