08:50     Last Sale Prices of Pilot Program NASDAQ Stocks in US               

                                                                              
    Last Sale Prices of Pilot Program NASDAQ Stocks in US on 27 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            40.7800          318.0840                   
    4332        AMGEN-T           61.5800          480.3240                   
    4333        CISCO-T           18.2100          142.0380                   
    4335        INTEL-T           22.3100          174.0180                   
    4336        APPL MATERIAL-T   16.4800          128.5440                   
    4337        STARBUCKS-T       53.0300          413.6340                   
    4338        MICROSOFT-T       26.1100          203.6580                   
                                                                              
    HK$ Equivalent of the last sale price is displayed in the freetext area of
    respective stock page.