08:42     Table 4 - Entitlement H-P (ENT)                                     

    The following table displays [in summary form] information announced by,  
    the relevant company in respect of dividend, cash bonus, bonus share      
    issue, bonus warrant, distribution/dividend in specie, rights issue, open 
    offer and assured/preferential entitlements until the first book closing  
    date.                                                                     
                                                                              
    All such information may be subject to changes or to conditions made or   
    imposed by the respective company, and market participants are therefore  
    urged to refer to the respective press announcements for more details.    
                                                                              
    (*) For companies with an effective book closing date commencing in the   
    following weeks up to 31/01/2003                                          
                                                                              
    Date: 23/01/2003                                                          
     Stock Short Name                                                         
     (Stock Code)    Description                 Ex-Date Book Closing Date    
     --------------- ----------------------------- ----- ---------------------
     HSBC CHINA FUND SPECIAL DIV DISTRIBUTION:           TO BE ANNOUNCED      
     ( 504)          2 A-S CHINA PLUMBING PRODUCTS                            
                     LIMITED SHS FOR 5 SHS                                    
                     (REFER TO PRESS ANNOUNCEMENTS                            
                     DATED 22/5/2002, 7/6/2002,                               
                     17/6/2002, 30/9/2002 &                                   
                     2/12/2002)                                               
                                                                              
     HUAFENG         FIN DIV $0.02                 10/02 12/02/2003-17/02/2003
     ( 364)          (Y.E. 30/9/2002)                                         
                                                                              
     JCG HOLDINGS    FIN DIV $0.135                14/04 16/04/2003-24/04/2003
     ( 626)          (Y.E. 31/12/2002)                                        
                                                                              
    *LINMARK GROUP   INT DIV $0.024                23/01 27/01/2003-29/01/2003
     ( 915)          (Y.E. 30/4/2003)                                         
                                                                              
     MICROSOFT-T     DIVIDEND US$0.08              20/02 RECORD DATE:         
     (4338)                                              21/02/2003           
                                                                              
     PAUL Y-ITC      INT DIV $0.01                 17/02 19/02/2003-21/02/2003
     ( 498)          (IN SCRIP FORM WITH CASH                                 
                     OPTION)                                                  
                     (Y.E. 31/3/2003)                                         
                                                                              
     PAUL Y-ITCW0308 INT DIV $0.01                       19/02/2003-21/02/2003
     (1117)          (IN SCRIP FORM WITH CASH                                 
                     OPTION)                                                  
                     (Y.E. 31/3/2003)                                         
                     (FOR SHAREHOLDERS ONLY)