Exchange Fund Notes Tender Result

Tender date                      :   25 September 2009

Paper on offer                   :   EF Notes

Issue number                     :   05Y1409

Issue date                       :   28 September 2009

Maturity date                    :   29 September 2014

Coupon                           :   1.69%

Competitive Tender Result

Amount applied                   :   HK$3,140 MN

Amount allotted                  :   HK$1,000 MN

Average price accepted (yield)   :   99.75 (1.75 PCT)

Lowest price accepted (yield)    :   99.60 (1.78 PCT)

Pro rata ratio                   :   About 3 PCT

Average tender price (yield)     :   99.52 (1.80 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

* * * * * * * * * *

Tender date                      :   25 September 2009

Paper on offer                   :   EF Notes

Issue number                     :   05Y1209
                                     (Re-opening issue)

Issue date                       :   28 September 2009

Maturity date                    :   17 September 2012

Coupon                           :   4.20%

Competitive Tender Result

Amount applied                   :   HK$3,744 MN

Amount allotted                  :   HK$1,199.7 MN

Average price accepted (yield)   :   109.43 (0.97 PCT)

Lowest price accepted (yield)    :   109.39 (0.99 PCT)

Pro rata ratio                   :   About 41 PCT

Average tender price (yield)     :   109.32 (1.01 PCT)

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

Amount applied                   :   0.3 MN

Amount allotted                  :   0.3 MN

Allotment Price (yield)          :   109.39 (0.99%)
 

End/Friday, 25 June 2009
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