08:51     SG-CTEL@EC0510A<03889> - New Listing                                

    Market participants are requested to note that dealings in the 2005       
    European Style (Cash Settlement) Call Warrants relating to existing       
    issued ordinary H shares of RMB1.00 each of China Telecom Corporation     
    Limited issued by SGA Societe Generale Acceptance N.V. will commence      
    at 9:30 a.m. today (22/02/2005) under the following particulars:-         
                                                                              
    Stock Code      Stock Short Name        Board Lot                         
    ----------      ----------------        ---------                         
    3889            SG-CTEL@EC0510A         2,000 units