10:13     MSDW - Daily Trading Summary of Derivative Warrants                 

    The Stock Exchange of Hong Kong Limited received notifications            
    regarding the daily trading summary of derivative warrants as follows:-   
                                                                              
    Trade Date - 02032005                                                     
                                                                              
                                                                              
                                                                              
                                           Average                  Percent   
                              Number      (HK$) per                of Issue   
                                of         Warrant     Number of     Still    
    Stock           Stock    Warrants       Bought   Warrants Still  out in   
    Short Name       Code  Bought/(Sold)   /(Sold)   out in Market   Market   
    ---------------  ----  -------------  ---------  -------------- --------  
    MS-HSBC@EC0506   3562       300,000     0.037       32,152,000     9.0%   
    MS-HSBC@EC0506   3562    (2,600,000)   (0.036)      32,152,000     9.0%   
    MS-HSBC@EP0509   3563        -            -             56,000     0.0%   
    MS-HSCEI@EP0507  3628     2,100,000     0.113        1,730,000     0.4%   
    MS-HSCEI@EP0507  3628    (2,090,000)   (0.118)       1,730,000     0.4%   
    MS-HSCEI@EC0510  3629        -            -            290,000     0.1%   
    MS-HSI@EP0506    3630       310,000     0.191        6,320,000     1.6%   
    MS-HSI@EP0506    3630      (820,000)   (0.191)       6,320,000     1.6%   
    MS-HSI@EP0509    3631       600,000     0.205          420,000     0.1%   
    MS-HSI@EP0509    3631      (600,000)   (0.192)         420,000     0.1%   
    MS-HSI@EC0512    3632      (840,000)   (0.114)       1,990,000     0.5%   
    MS-HSI @EP0506B  3737       100,000     0.203          550,000     0.1%   
    MS-HSI @EP0506B  3737      (150,000)   (0.177)         550,000     0.1%   
    MS-HSI @EP0507   3738       380,000     0.192          490,000     0.1%   
    MS-HSI @EP0507   3738      (260,000)   (0.179)         490,000     0.1%   
    MS-HSBC @EP0506  3739       140,000     0.707          172,000     0.1%   
    MS-HSBC @EP0506  3739      (100,000)   (0.710)         172,000     0.1%   
    MS-CK(H)@EC0510  3788       (10,000)   (0.235)          10,000     0.0%   
    MS-HWL @EC0507   3789       100,000     0.093          690,000     0.2%   
    MS-HWL @EC0507   3789      (260,000)   (0.089)         690,000     0.2%