09:00     CA-HUA P@EC0601<03934> - New Listing                                

    Market participants are requested to note that dealings in the 2006       
    European Style (Cash Settlement) Call Warrants relating to existing       
    issued ordinary H shares of RMB1.00 each in Huaneng Power International,  
    Inc. issued by Calyon Financial Products (Guernsey) Limited will commence 
    at 9:30 a.m. today (02/03/2005) under the following particulars:-         
                                                                              
    Stock Code      Stock Short Name        Board Lot                         
    ----------      ----------------        ---------                         
    3934            CA-HUA P@EC0601         2,000 units