Exchange Fund Notes Tender Result

Tender date                      :   12 February 2010

Paper on offer                   :   EF Notes

Issue number                     :   02Y1202

Issue date                       :   17 February 2010

Maturity date                    :   17 February 2012

Coupon                           :   0.64%

Competitive Tender Result

Amount applied                   :   HK$5,840 MN

Amount allotted                  :   HK$1,200 MN

Average price accepted (yield)   :   100.05 (0.62 PCT)

Lowest price accepted (yield)    :   100.01 (0.64 PCT)

Pro rata ratio                   :   About 44%

Average tender price (yield)     :   99.97 (0.66 PCT)

Non-competitive Tender Results(for applications submitted through Hong Kong Securities Clearing Company Limited)

Amount applied                   :   0

Amount allotted                  :   0

Allotment Price (yield)          :   NIL

End/Friday, 12 February, 2010
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