08:57 Hang Seng H-Share Index ETF <02828> Information HANG SENG H-SHARE INDEX ETF (STOCK CODE 2828) INFORMATION: DATE : 31-Jan-2005 N.A.V. PER UNIT (Note 1) $47.248690 N.A.V. PER CREATION UNIT (Note 2) $4,724,869.00 DIVIDEND EQUIVALENT AMOUNT PER UNIT (Note 3) $0.005826 DIVIDEND EQUIVALENT AMOUNT PER CREATION UNIT (Note 4) $582.60 BALANCING CASH AMOUNT PER CREATION UNIT (Note 5) $2,765.87 TOTAL CASH COMPONENT PER CREATION UNIT (Note 6) $3,348.47 TRUST UNITS OUTSTANDING (Note 7) 38,944,624.0 -------------------------------------------------------------------------- INDEX BASKET SHARES PER CREATION UNIT FOR: 01-Feb-2005 STOCK CODE NAME OF INDEX BASKET SHARE SHARE AMOUNT 0168 TSINGTAO BREW 4,651 0177 JIANGSU EXPRESS 13,970 0323 MAANSHAN IRON 19,811 0325 BEIJING YANHUA 11,569 0338 SHANGHAI PECHEM 26,637 0347 ANGANG NEWSTEEL 10,175 0358 JIANGXI COPPER 13,221 0386 SINOPEC CORP 191,836 0525 GUANGSHEN RAIL 16,363 0548 SHENZHENEXPRESS 8,545 0576 ZHEJIANGEXPRESS 16,392 0598 SINOTRANS 20,434 0670 CHINA EAST AIR 17,913 0694 BEIJING AIRPORT 15,389 0696 TRAVELSKY TECH 3,554 0728 CHINA TELECOM 158,648 0857 PETROCHINA 201,004 0902 HUANENG POWER 34,929 0914 ANHUI CONCH 4,952 0991 DATANG POWER 16,356 1033 YIZHENG CHEM 16,005 1055 CHINA SOUTH AIR 13,423 1071 HUADIAN POWER 16,360 1122 QINGLING MOTORS 14,160 1128 ZHENHAI REFIN 8,274 1138 CHINA SHIP DEV 14,816 1171 YANZHOU COAL 13,993 1211 BYD COMPANY 1,709 2318 PING AN 29,251 2328 PICC P&C 39,509 2333 GREAT WALL AUTO 2,997 2357 AVICHINA 19,204 2600 CHALCO 37,724 2628 CHINA LIFE 85,068 2698 WEIQIAO TEXTILE 3,940 2866 CSCL 27,666 2883 CHINA OILFIELD 17,547 2899 ZIJIN MINING 9,158 ESTIMATED CASH COMPONENT PER CREATION UNIT: $3,350.07 -------------------------------------------------------------------------- FOOTNOTES: 1. N.A.V. PER UNIT IS THE NET ASSET VALUE OF THE HANG SENG H-SHARE INDEX ETF DIVIDED BY THE NUMBER OF UNITS OUTSTANDING. 2. N.A.V. PER CREATION UNIT IS THE NET ASSET VALUE PER UNIT TIMES THE NUMBER OF UNITS IN A CREATION UNIT. 3. DIVIDEND EQUIVALENT AMOUNT PER UNIT IS A CASH AMOUNT REQUIRED TO BE PAID PER UNIT NECESSARY TO COVER NET UNDISTRIBUTED DIVIDENDS AND OTHER INCOME AMOUNTS RECEIVED AND HELD BY THE TRUST. 4. DIVIDEND EQUIVALENT AMOUNT PER CREATION UNIT IS THE DIVIDEND EQUIVALENT AMOUNT PER UNIT TIMES THE NUMBER OF UNITS IN A CREATION UNIT. 5. BALANCING CASH AMOUNT PER CREATION UNIT IS A FURTHER CASH AMOUNT REQUIRED TO BE PAID OR RECEIVED PER UNIT, WHICH EQUALS THE DIFFERENCE BETWEEN THE AGGREGATE OF (I) THE VALUE (CALCULATED ON A NOMINAL CLOSING PRICE BASIS) OF THE INDEX SHARES THE SUBJECT OF THE BASKET APPLICATION ON A PER UNIT BASIS AND (II) THE DIVIDEND EQUIVALENT AMOUNT PER UNIT AND THE PREVAILING NET ASSET VALUE PER UNIT (ALL SUCH VALUATIONS BEING AT THE VALUATION POINT ON THE RELEVANT DEALING DAY) MULTIPLIED BY THE NUMBER OF UNITS IN A CREATION UNIT. 6. TOTAL CASH COMPONENT PER CREATION UNIT IS THE AGGREGATE OF DIVIDEND EQUIVALENT AMOUNT PER CREATION UNIT, BALANCING CASH AMOUNT PER CREATION UNIT AND CASH IN LIEU OF ANY INDEX SHARES. 7. TRUST UNITS OUTSTANDING IS THE TOTAL UNITS IN ISSUE AND DEEMED TO BE IN ISSUE (PRIOR TO ANY CURRENT DAY TRANSACTION). -------------------------------------------------------------------------- The data and information are provided for reference only. Neither HSBC Provident Fund Trustee (Hong Kong) Limited nor Hang Seng Investment Management Limited warrants, represents or guarantees the accuracy or completeness of the such data and information and accepts any responsibility or liability for any economic or other loss which may be directly or indirectly sustained by any person as a result of or in connection with the use of and/or reference to such data and information.