08:40     Table 4 - Entitlement A-G (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 28/01/2005                                          
                                                                              
    Date: 18/01/2005                                                          
     Stock Short Name                                                         
     (Stock Code)    Description                 Ex-Date Book Closing Date    
     --------------- ----------------------------- ----- ---------------------
     ANGANG NEWSTEEL RTS ISSUE: 8 RTS SHS FOR 10         TO BE ANNOUNCED      
     ( 347)          SHS BETWEEN RMB3.35 AND                                  
                     RMB3.50 PER RTS SH                                       
                     (REFER TO PRESS ANNOUNCEMENT                             
                     DATED 30/12/2004 & CIRCULAR                              
                     DATED 15/01/2005)                                        
                                                                              
    *CHEONG MING INV INT DIV $0.01                 24/01 26/01/2005-28/01/2005
     (1196)          (Y.E. 31/3/2005)                                         
                                                                              
     CHINA-HK PHOTO  INT DIV $0.01                 28/01 01/02/2005-04/02/2005
     (1123)          (Y.E. 31/3/2005)                                         
                                                                              
     CHUN WO HOLD    INT DIV $0.0125               31/01 02/02/2005-08/02/2005
     ( 711)          (Y.E. 31/3/2005)                                         
                                                                              
    *DAIWA ASSOCIATE INT DIV $0.01                 17/01 19/01/2005-25/01/2005
     (1037)          (CASH DIVIDEND WITH OPTION TO                            
                     ELECT WARRANT ON THE BASIS OF                            
                     1 WARRANT FOR EVERY 5 SHS)                               
                     (Y.E. 31/3/2005)                                         
                     (REFER TO PRESS ANNOUNCEMENTS                            
                     DATED 28/12/2004&05/01/2005)                             
                                                                              
    *FOUNTAIN SET    FIN DIV $0.075                18/01 20/01/2005-26/01/2005
     ( 420)          (Y.E. 31/8/2004)                                         
                                                                              
     GOLD-FACE HOLD  NIL FIN DIV                         16/02/2005-20/02/2005
     ( 396)          (Y.E. 31/3/2003)                    (FOR AGM)