10:16 Exotic Warrant Information (12) The Exchange endeavours to ensure the accuracy and reliability of the information provided, but does not guarantee its accuracy 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 the information relating to exotic warrants. Investors are reminded to refer to the related warrant listing documents for details of the terms and conditions of the warrant. Stock Code (List Date) Salient Features -------------- ------------------------------------------------------ 9539 European-style Average Return Call Warrants 20/1/2004 May only be exercised on 18/8/2005 Cash Settlement Amount is the sum of all Periodic Reference Prices divided by the number of Periodic Fixing Dates, less the Exercise Price and the Exercise Expenses. The Periodic Reference Price in respect of each Periodic Fixing Date is the arithmetic mean of the closing price of one underlying share on the five business days immediately preceding the relevant Periodic Fixing Date. The Periodic Fixing Dates are 18th May 2004, 18th October 2004, 18th March 2005 and 18th August 2005. 9540 European-style Average Return Call Warrants 20/1/2004 May only be exercised on 18/8/2005 Cash Settlement Amount is the sum of all Periodic Reference Prices divided by the number of Periodic Fixing Dates, less the Exercise Price and the Exercise Expenses. The Periodic Reference Price in respect of each Periodic Fixing Date is the arithmetic mean of the closing price of one underlying share on the five business days immediately preceding the relevant Periodic Fixing Date. The Periodic Fixing Dates are 18th May 2004, 18th October 2004, 18th March 2005 and 18th August 2005. 9541 European-style Average Return Call Warrants 20/1/2004 May only be exercised on 18/8/2005 Cash Settlement Amount is the sum of all Periodic Reference Prices divided by the number of Periodic Fixing Dates, less the Exercise Price and the Exercise Expenses. The Periodic Reference Price in respect of each Periodic Fixing Date is the arithmetic mean of the closing price of one underlying share on the five business days immediately preceding the relevant Periodic Fixing Date. The Periodic Fixing Dates are 18th May 2004, 18th October 2004, 18th March 2005 and 18th August 2005. 9542 European-style Average Return Call Warrants 20/1/2004 May only be exercised on 18/8/2005 Cash Settlement Amount is the sum of all Periodic Reference Prices divided by the number of Periodic Fixing Dates, less the Exercise Price and the Exercise Expenses. The Periodic Reference Price in respect of each Periodic Fixing Date is the arithmetic mean of the closing price of one underlying share on the five business days immediately preceding the relevant Periodic Fixing Date. The Periodic Fixing Dates are 18th May 2004, 18th October 2004, 18th March 2005 and 18th August 2005. 9566 European-style Average Return Call Warrants 21/1/2004 May only be exercised on 18/8/2005 Cash Settlement Amount is the sum of all Periodic Reference Prices divided by the number of Periodic Fixing Dates, less the Exercise Price and the Exercise Expenses. The Periodic Reference Price in respect of each Periodic Fixing Date is the arithmetic mean of the closing price of one underlying share on the five business days immediately preceding the relevant Periodic Fixing Date. The Periodic Fixing Dates are 18th May 2004, 18th October 2004, 18th March 2005 and 18th August 2005.