09:36     <09336><09338><09340><09346><09347> - 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                                                          
    of                                                                        
    355,000,000 European Style (Cash Settled) Locked-In Return Call           
    Warrants in                                                               
                                                                              
    Global Registered Form due March 10, 2005                                 
    relating to the existing issued ordinary shares of                        
    HK$0.10 each of China Mobile (Hong Kong) Limited                          
    (Stock Code: 9336)                                                        
    (`Series A')                                                              
    330,000,000 European Style (Cash Settled) Locked-In Return Call           
    Warrants in                                                               
                                                                              
    Global Registered Form due March 10, 2005                                 
    relating to the existing issued ordinary shares of                        
    HK$0.10 each of China Mobile (Hong Kong) Limited                          
    (Stock Code: 9338)                                                        
    (`Series B')                                                              
    370,000,000 European Style (Cash Settled) Locked-In Return Put            
    Warrants in                                                               
                                                                              
    Global Registered Form due March 10, 2005                                 
    relating to the existing issued ordinary shares of                        
    HK$0.10 each of China Mobile (Hong Kong) Limited                          
    (Stock Code: 9340)                                                        
    (`Series C')                                                              
    580,000,000 European Style (Cash Settled) Locked-In Return Call           
    Warrants in                                                               
                                                                              
    Global Registered Form due March 10, 2005                                 
    relating to the existing issued ordinary shares of                        
    HK$5.00 each of BOC Hong Kong (Holdings) Limited                          
    (Stock Code: 9346)                                                        
    (`Series D')                                                              
    85,000,000 European Style (Cash Settled) Locked-In Return Call            
    Warrants in                                                               
                                                                              
    Global Registered Form due March 10, 2005                                 
    relating to the existing issued ordinary shares of                        
    HK$0.10 each of China Unicom Limited                                      
    (Stock Code: 9347)                                                        
    (`Series E')                                                              
    issued by                                                                 
    CREDIT SUISSE FIRST BOSTON                                                
    (incorporated under the laws of Switzerland)                              
    Manager and Sponsor                                                       
    CREDIT SUISSE FIRST BOSTON (HONG KONG) LIMITED                            
                                                                              
    Credit Suisse First Boston (the `Issuer') would like to remind            
    holders of the Series A, Series B, Series C, Series D and Series E        
    Warrants (the `Warrants') that under the terms and conditions of the      
    Warrants (the `Conditions'), the rights to exercise the Warrants will     
    expire at 10:00 a.m. (Hong Kong time) on March 10, 2005 (subject to       
    adjustment) (the `Expiry Date'). The warrants are European Style and      
    exercisable only on the Expiry Date.                                      
                                                                              
    Every ten Warrants in respect of Series A, Series B, Series C and         
    Series D, and each Warrant in respect of Series E give(s) the             
    Warrantholder the right to payment (if any) of the Cash Settlement        
    Amount being an amount in Hong Kong dollars calculated by the Issuer      
    as equal to (1) the sum of the Periodic Cash Settlement Amounts (as       
    defined below) divided by the relevant number of Periodic Fixing          
    Dates (provided that if any such Periodic Fixing Date is not a            
    Business Day, it shall be the immediately preceding Business Day)         
    less (2) the Exercise Expenses (as defined in the terms and               
    conditions of the Warrants).                                              
                                                                              
    `Periodic Cash Settlement Amount', in respect of Series A, Series B,      
    Series D and Series E, means, in respect of every Exercise Amount and     
    in respect of each Periodic Fixing Date, an amount in Hong Kong           
    dollars calculated by the Issuer as equal to the greater of (1) zero      
    and (2) (i) the Entitlement (as defined below) (subject to                
    adjustment) in respect of such Periodic Fixing Date multiplied by the     
    arithmetic mean of the closing price of the shares (as derived from       
    the Daily Quotation Sheet of the Stock Exchange, subject to any           
    adjustments for each Valuation Date (being each of the five Business      
    Days (as defined in the terms and conditions of the Warrants))            
    immediately preceding such Periodic Fixing Date) less (ii) the            
    Exercise Price.                                                           
                                                                              
    `Periodic Cash Settlement Amount', in respect of Series C, means, in      
    respect of every Exercise Amount and in respect of each Periodic          
    Fixing Date, an amount in Hong Kong dollars calculated by the Issuer      
    as equal to the greater of (1) zero and (2) (i) the Exercise Price        
    less (ii) the Entitlement (as defined below) (subject to adjustment)