09:25     SG-PCCWL@EC0503<04477> - Withdrawal of Listing                      

    Market participants are requested to note that listing of the 2005        
    European Style (Cash Settlement) Call Warrants relating to existing issued
    ordinary shares of HK$0.25 each of PCCW Limited issued by SGA Societe     
    Generale Acceptance N.V. (stock code: 4477) will be withdrawn after the   
    close of business today (14/03/2005).