11:05     KBC - Daily Trading Summary of Derivative Warrants (5)              

    The Stock Exchange of Hong Kong Limited received notifications            
    regarding the daily trading summary of derivative warrants as follows:-   
                                                                              
    Trade Date - 01042005                                                     
                                                                              
                                           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   
    ---------------  ----  -------------  ---------  -------------- --------  
    KC-PCCWL@XC0510  9755      (400,000)   (0.0810)      95,941,000   81.31%  
    KC-PCCWL@XC0510  9755        900,000     0.0752      95,941,000   81.31%