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

                                                                              
    Last sale prices (per share) of Hong Kong stocks in US on                 
    28 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          0.16875              1.3163                        
    ASIA SATELLITE         1.85                14.4300                        
    BEIJING YANHUA         0.47                 3.6660                        
    BRILLIANCE CHI         0.1761               1.3736                        
    CHALCO                 0.5375               4.1925                        
    CHINA EAST AIR         0.2035               1.5873                        
    CHINA LIFE             0.662                5.1636                        
    CHINA MOBILE           3.092               24.1176                        
    CHINA SOUTH AIR        0.3602               2.8096                        
    CHINA TELECOM          0.3683               2.8727                        
    CHINA UNICOM           0.794                6.1932                        
    CITY TELECOM           0.175                1.3650                        
    CNOOC                  0.5273               4.1129                        
    GUANGSHEN RAIL         0.3882               3.0280                        
    HUANENG POWER          0.69825              5.4464                        
    HUTCH TELECOM          0.888                6.9264                        
    I-CABLE COMM           N/A                  N/A                           
    JILIN CHEMICAL         0.3118               2.4320                        
    PCCW                   0.558                4.3524                        
    PETROCHINA             0.5518               4.3040                        
    SHANGHAI PECHEM        0.36                 2.8080                        
    SINOPEC CORP           0.395                3.0810                        
    SMIC                   0.1904               1.4851                        
    SUNDAY COMM            0.065                0.5070                        
    TOM ONLINE             0.143125             1.1164                        
    YANZHOU COAL           1.422               11.0916