Allocation of Loyalty Bonus Units of the Tracker Fund of Hong Kong

Exchange Fund Investment Limited announced today (Monday) that the second and final tranche of Loyalty Bonus Units in the Tracker Fund of Hong Kong ("TraHK") have been allocated to 127,813 Unitholders in accordance with the terms and conditions of the Loyalty Bonus Scheme set out in the Prospectus for TraHK dated 25 October 1999.

Only individual Unitholders who have fulfilled the eligibility criteria, including holding valid Hong Kong Identity Cards, maintaining Hong Kong addresses, being 18 years of age or over at the time of their application in the Initial Public Offer of TraHK, and continuously holding the TraHK units allocated to them for the required periods, are eligible for the Loyalty Bonus Units. No Loyalty Bonus Units have been allocated to Unitholders who have disposed of their units or changed the name(s) in which the units are registered in the Register of Unitholders.

The sale or transfer of TraHK units on or after 12 November 2001 by Unitholders who were eligible for, and have been allocated, their second tranche of Loyalty Bonus Units will not affect their entitlement to the second tranche of Loyalty Bonus Units.

Certificates for Loyalty Bonus Units will be mailed by ordinary post to eligible Unitholders by Central Registration Hong Kong Limited ("Central Registration") on or before 17 November 2001. Unitholders who sell their Loyalty Bonus Units prior to the receipt of the Certificates should be aware that they do so entirely at their own risk and that they may not receive their Certificates in time for the settlement of their sales.

For enquiries, please contact Central Registration by telephone 2862 8666 or in person at Rooms 1901-5, 19th Floor, Hopewell Centre, 183 Queen’s Road East, Wanchai, Hong Kong. Eligible Unitholders who have not received their Certificates by 24 November 2001 are advised to contact Central Registration.

For further enquiries, please contact:
Fiona Chan, Chief Corporate Development Manager at 2912 0165

Exchange Fund Investment Limited
12 November 2001