09:01     CA-HWL  @EC0507<03808> - New Listing                                

    Market participants are requested to note that dealings in the 2005       
    European Style (Cash Settlement) Call Warrants relating to existing issued
    ordinary shares of HK$0.25 each in Hutchison Whampoa Limited issued by    
    Calyon Financial Products (Guernsey) Limited will commence at 9:30 a.m. on
    Wednesday, 19/01/2005 under the following particulars:-                   
                                                                              
    Stock Code      Stock Short Name        Board Lot                         
    ----------      ----------------        ---------                         
    3808            CA-HWL  @EC0507         10,000 units