09:50     <02145>,<02269>,<02255>,<02259> - Announcement (1)                  

    The Stock Exchange of Hong Kong Limited (the "Stock Exchange") takes no   
    responsibility for the contents of this announcement, makes no            
    representation as to its accuracy or completeness and expressly           
    disclaims any liability whatsoever for any loss howsoever arising from    
    or in reliance upon the whole or any part of the contents of this         
    announcement.                                                             
                                                                              
    Notice of Expiry relating to certain European Style (Cash Settlement)     
    Warrants 2004/2005 issued by SGA Societe Generale Acceptance N.V.         
    (incorporated in the Netherlands Antilles with limited liability)         
    and unconditionally and irrevocably guaranteed by Societe Generale        
    (incorporated in France)                                                  
                                                                              
    Notice of Expiry relating to the following warrants (together,            
    the "Warrants"):                                                          
                                                                              
    Stock Code      2145                                                      
    Company         Cheung Kong (Holdings) Limited                            
    Shares/Index    Existing issued ordinary shares of HK$0.50 each of t      
    he Company                                                                
    Type    Call                                                              
    Issue Size      182,000,000                                               
    Expiry Date     21 February 2005                                          
    Exercise Price / Strike Level   HK$61.00 per 10 warrants                  
    Board Lot       10,000                                                    
    Exercise Amount         10 Warrants                                       
    Entitlement / Entitlement Ratio 1 Share                                   
    Last Trading Date       15 February 2005                                  
    Closing Price of the Warrants on 7 February 2005        HK$1.12           
    Closing Price of the Shares / Index on 7 February 2005  HK$71.75          
    In/Out of the Money on 7 February 2005 (based on the Strike Price/Level)  
    17.62% in the money                                                       
                                                                              
    Stock Code      2269                                                      
    Company         China Mobile (Hong Kong) Limited                          
    Shares/Index    Existing issued ordinary shares of HK$0.10 each of the    
    Company                                                                   
    Type    Put                                                               
    Issue Size      400,000,000                                               
    Expiry Date     24 February 2005                                          
    Exercise Price / Strike Level   HK$21.70 per 10 warrants                  
    Board Lot       5,000                                                     
    Exercise Amount         10 Warrants                                       
    Entitlement / Entitlement Ratio 1 Share                                   
    Last Trading Date       18 February 2005                                  
    Closing Price of the Warrants on 7 February 2005        HK$0.013          
    Closing Price of the Shares / Index on 7 February 2005  HK$24.75          
    In/Out of the Money on 7 February 2005 (based on the Strike Price/Level)  
    14.06% out of the money                                                   
                                                                              
    Stock Code      2255                                                      
    Company         --                                                        
    Shares/Index    Hang Seng China Enterprises Index                         
    Type    Call                                                              
    Issue Size      400,000,000                                               
    Expiry Date     25 February 2005                                          
    Exercise Price / Strike Level   3,800                                     
    Board Lot       10,000                                                    
    Exercise Amount         --                                                
    Entitlement / Entitlement Ratio 3,100 Warrants for one Index              
    Last Trading Date       21 February 2005                                  
    Closing Price of the Warrants on 7 February 2005        N/A               
    Closing Price of the Shares / Index on 7 February 2005  4,840.26          
    In/Out of the Money on 7 February 2005 (based on the Strike Price/Level)  
    27.38% in the money                                                       
                                                                              
    Stock Code      2259                                                      
    Company         --                                                        
    Shares/Index    Hang Seng China Enterprises Index                         
    Type    Put                                                               
    Issue Size      400,000,000                                               
    Expiry Date     25 February 2005                                          
    Exercise Price / Strike Level   4,000                                     
    Board Lot       10,000                                                    
    Exercise Amount         --                                                
    Entitlement / Entitlement Ratio 2,800 Warrants for one Index              
    Last Trading Date       21 February 2005                                  
    Closing Price of the Warrants on 7 February 2005        HK$0.014          
    Closing Price of the Shares / Index on 7 February 2005  4,840.26          
    In/Out of the Money on 7 February 2005 (based on the Strike Price/Level)  
                                                                              
    21.01% out of the money