09:03     MB-SHK P@EC0507<03822> - New Listing                                

    Market participants are requested to note that dealings in the 2005       
    European Style Call Warrants (Cash Settled) relating to existing issued   
    ordinary shares of HK$0.50 each of Sun Hung Kai Properties Limited issued 
    by Macquarie Bank Limited will commence at 9:30 a.m. on Monday, 24/01/2005
    under the following particulars:-                                         
                                                                              
                                                                              
    Stock Code      Stock Short Name        Board Lot                         
    ----------      ----------------        ---------                         
    3822            MB-SHK P@EC0507         10,000 units