08:55     Last Sale Prices of Pilot Program NASDAQ Stocks in US               

                                                                              
    Last Sale Prices of Pilot Program NASDAQ Stocks in US on 18 Jan 2005      
    are as follows:                                                           
    (Source: NASDAQ website www.nasdaq.com, for reference only)               
                                                                              
                                                   HK$ Equivalent             
    STOCK CODE  STOCK SHORT NAME    US$   (@7.80 rounded to 4 decimal places) 
    ----------  ----------------  ------- ----------------------------------- 
    4331        DELL-T            40.3000          314.3400                   
    4332        AMGEN-T           64.1100          500.0580                   
    4333        CISCO-T           18.7400          146.1720                   
    4335        INTEL-T           22.9400          178.9320                   
    4336        APPL MATERIAL-T   16.5300          128.9340                   
    4337        STARBUCKS-T       57.9500          452.0100                   
    4338        MICROSOFT-T       26.3200          205.2960                   
                                                                              
    HK$ Equivalent of the last sale price is displayed in the freetext area of
    respective stock page.