08:53     Last Sale Prices of Hong Kong Stocks in US                          

                                                                              
    Last sale prices (per share) of Hong Kong stocks in US on                 
    20 January 2005 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          0.17125              1.3358                        
    ASIA SATELLITE         1.855               14.4690                        
    BEIJING YANHUA         0.4676               3.6473                        
    BRILLIANCE CHI         0.1705               1.3299                        
    CHALCO                 0.5385               4.2003                        
    CHINA EAST AIR         0.2035               1.5873                        
    CHINA LIFE             0.6765               5.2767                        
    CHINA MOBILE           3.104               24.2112                        
    CHINA SOUTH AIR        0.354                2.7612                        
    CHINA TELECOM          0.3605               2.8119                        
    CHINA UNICOM           0.796                6.2088                        
    CITY TELECOM           0.181                1.4118                        
    CNOOC                  0.518                4.0404                        
    GUANGSHEN RAIL         0.361                2.8158                        
    HUANENG POWER          0.68625              5.3528                        
    HUTCH TELECOM          0.873333             6.8120                        
    I-CABLE COMM           N/A                  N/A                           
    JILIN CHEMICAL         0.306                2.3868                        
    PCCW                   N/A                  N/A                           
    PETROCHINA             0.544                4.2432                        
    SHANGHAI PECHEM        0.3502               2.7316                        
    SINOPEC CORP           0.3829               2.9866                        
    SMIC                   0.1946               1.5179                        
    SUNDAY COMM            0.0564               0.4399                        
    TOM ONLINE             0.148125             1.1554                        
    YANZHOU COAL           1.4                 10.9200