Tender date : 17 December 1999 Paper on offer : EF Notes Issue number : 5412 Issue date : 20 December 1999 Maturity date : 20 December 2004 Coupon : 6.71% Amount applied : HK$1,565.05 MN Amount allotted : HK$600 MN Average price accepted (yield) : 99.03 (7.06 PCT) Lowest price accepted (yield) : 98.90 (7.10 PCT) Pro rata ratio : About 8 PCT Average tender price (yield) : 98.68 (7.15 PCT) End/Friday, December 17, 1999 NNNN