09:03     MB-SHK P@EP0508<03849> - New Listing                                

    Market participants are requested to note that dealings in the 2005       
    European Style Put 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 Tuesday,          
    01/02/2005 under the following particulars:-                              
                                                                              
                                                                              
    Stock Code      Stock Short Name        Board Lot                         
    ----------      ----------------        ---------                         
    3849            MB-SHK P@EP0508         10,000 units