08:50     Last Sale Prices of Hong Kong Stocks in US                          

                                                                              
    Last sale prices (per share) of Hong Kong stocks in US on                 
    4 March 2005 are as follows:                                              
    (Source: NYSE website www.nyse.com, NASDAQ website www.nasdaq.com,        
     for reference only)                                                      
                                                                              
                                              HK$ Equivalent                  
                             US$        (@7.80 rounded to 4 decimal places)   
                          ---------     -----------------------------------   
    APT SATELLITE          0.1725               1.3455                        
    ASIA SATELLITE         1.904               14.8512                        
    BEIJING YANHUA         N/A                  N/A                           
    BRILLIANCE CHI         0.2163               1.6871                        
    CHALCO                 0.6205               4.8399                        
    CHINA EAST AIR         0.1954               1.5241                        
    CHINA LIFE             0.66925              5.2202                        
    CHINA MOBILE           3.14                24.4920                        
    CHINA SOUTH AIR        0.367                2.8626                        
    CHINA TELECOM          0.3743               2.9195                        
    CHINA UNICOM           0.916                7.1448                        
    CITY TELECOM           0.188                1.4664                        
    CNOOC                  0.5692               4.4398                        
    GUANGSHEN RAIL         0.3626               2.8283                        
    HUANENG POWER          0.7665               5.9787                        
    HUTCH TELECOM          1.061333             8.2784                        
    I-CABLE COMM           0.3395               2.6481                        
    JILIN CHEMICAL         0.345                2.6910                        
    PCCW                   0.575                4.4850                        
    PETROCHINA             0.6178               4.8188                        
    SHANGHAI PECHEM        0.421                3.2838                        
    SINOPEC CORP           0.4345               3.3891                        
    SMIC                   0.201                1.5678                        
    SUNDAY COMM            0.0664               0.5179                        
    TOM ONLINE             0.15525              1.2110                        
    YANZHOU COAL           1.5646              12.2039