09:25     SG-HSI @EC0510B<04746> - New Listing                                

    Market participants are requested to note that dealings in the 2005       
    European Style (Cash Settlement) Call Warrants relating to the            
    Hang Seng Index issued by SGA Societe Generale Acceptance                 
    N.V. will commence at 9:30 a.m. on Friday, 01/04/2005 under the           
    following particulars:-                                                   
                                                                              
    Stock Code      Stock Short Name        Board Lot                         
    ----------      ----------------        ---------                         
    4746            SG-HSI @EC0510B         10,000 units