Exchange Fund Notes Tender Result

Tender date                      :   15 February 2011

Paper on offer                   :   EF Notes

Issue number                     :   02Y1302

Issue date                       :   16 February 2011

Maturity date                    :   18 February 2013

Coupon                           :   0.58%

Competitive Tender
Result

Amount applied                   :   HK$8,055 MN

Amount allotted                  :   HK$1,199.2 MN

Average price accepted (yield)   :   99.63(0.77 PCT)

Lowest price accepted (yield)    :   99.61(0.78 PCT)

Pro rata ratio                   :   About 71%

Average tender price (yield)     :   99.54 (0.81 PCT)

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

Amount applied                   :   0.8 MN

Amount allotted                  :   0.8 MN

Allotment Price (yield)          :   99.61 (0.78%)
 

End/Tuesday, 15 February, 2011
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