08:47     Last Sale Prices of Hong Kong Stocks in US                          

                                                                              
    Last sale prices (per share) of Hong Kong stocks in US on                 
    23 January 2003 are as follows:                                           
    (Source: NYSE website www.nyse.com, NASDAQ website www.nasdaq.com,        
     for reference only)                                                      
                                                                              
                                              HK$ Equivalent                  
                             US$        (@7.80 rounded to 4 decimal places)   
                          ---------     -----------------------------------   
    APT SATELLITE          0.215                1.6770                        
    ASIA SATELLITE         N/A                  N/A                           
    BEIJING YANHUA         0.1374               1.0717                        
    BRILLIANCE CHI         0.237                1.8486                        
    CHINA EAST AIR         0.1422               1.1092                        
    CHINA MOBILE           2.496               19.4688                        
    CHINA SOUTH AIR        0.3082               2.4040                        
    CHINA UNICOM           0.752                5.8656                        
    CNOOC                  1.3185              10.2843                        
    GUANGSHEN RAIL         0.183                1.4274                        
    HUANENG POWER          0.84525              6.5930                        
    I-CABLE COMM           0.3335               2.6013                        
    JILIN CHEMICAL         0.08                 0.6240                        
    PCCW                   0.85                 6.6300                        
    PETROCHINA             0.2039               1.5904                        
    SHANGHAI PECHEM        0.1714               1.3369                        
    SINOPEC CORP           0.1827               1.4251                        
    SUNDAY COMM            0.078                0.6084                        
    YANZHOU COAL           N/A                  N/A