Tender date : 29 May 2007 Paper on offer : EF Notes Issue number : 07Y1405 Issue date : 30 May 2007 Maturity date : 30 May 2014 Coupon : 4.04% Amount applied : HK$1,722 MN Amount allotted : HK$600 MN Average price accepted (yield) : 98.12 (4.40 PCT) Lowest price accepted (yield) : 97.98 (4.43 PCT) Pro rata ratio : About 46 PCT Average tender price (yield) : 97.92 (4.44 PCT) End/Tuesday, 29 May 2007 NNNN