08:57     JP-HUA P@EC0512<03841> - New Listing                                

    Market participants are requested to note that dealings in the 2005       
    European Style Cash Settled Call Warrants relating to existing issued     
    ordinary H shares of RMB1.00 each of Huaneng Power International, Inc.    
    issued by J.P. Morgan International Derivatives Ltd. will commence at 9:30
    a.m. on Friday, 28/01/2005 under the following particulars:-              
                                                                              
    Stock Code      Stock Short Name        Board Lot                         
    ----------      ----------------        ---------                         
    3841            JP-HUA P@EC0512         2,000 units