10:28 MACQUARIE BANK-Daily Trading Summary of Derivative Wars (4) The Stock Exchange of Hong Kong Limited received notifications regarding the daily trading summary of derivative warrants as follows:- Trade Date - 04042005 Average Percent Number (HK$) per of Issue of Warrant Number of still Stock Stock Warrant Bought Warrants Still out in ShortName Code Bought/(Sold) /(Sold) out in Market Market --------------- ---- ------------- --------- -------------- -------- MB-HWL @XC0506A 4450 1,240,000 0.057 43,590,000 13.09% MB-HWL @XC0506A 4450 - - 43,590,000 13.09% MB-SHK P@XC0504 4451 - - 18,100,000 6.28% MB-SHK P@XC0504 4451 - - 18,100,000 6.28% MB-CPAIR@EC0606 4482 1,520,000 0.143 37,160,000 9.58% MB-CPAIR@EC0606 4482 (2,000,000) (0.142) 37,160,000 9.58% MB-CITIC@EC0510 4483 660,000 0.204 75,900,000 22.46% MB-CITIC@EC0510 4483 (600,000) (0.198) 75,900,000 22.46% MB-J ELE@XC0509 4484 - - 27,355,000 7.05% MB-J ELE@XC0509 4484 - - 27,355,000 7.05% MB-HSBC @EC0504 4550 - - 211,300,000 54.46% MB-HSBC @EC0504 4550 - - 211,300,000 54.46% MB-HSBC @EC0609 4551 580,000 0.091 85,908,000 22.14% MB-HSBC @EC0609 4551 (7,452,000) (0.092) 85,908,000 22.14% MB-HSBC @EP0504 4554 - - 3,640,000 2.17% MB-HSBC @EP0504 4554 - - 3,640,000 2.17% MBCNOOC@EC0506B 4580 2,140,000 0.293 10,246,000 5.45% MBCNOOC@EC0506B 4580 (3,100,000) (0.289) 10,246,000 5.45% MB-HWL @EP0504 4597 - - 6,440,000 2.15% MB-HWL @EP0504 4597 - - 6,440,000 2.15% MB-CK(H)@EP0504 4623 - - 120,000 0.05% MB-CK(H)@EP0504 4623 - - 120,000 0.05% MB-YZ CM@EC0506 4624 8,200,000 0.126 26,140,000 6.74% MB-YZ CM@EC0506 4624 (6,180,000) (0.124) 26,140,000 6.74% MB-BOCHK@EC0602 4644 200,000 0.111 16,985,000 4.38% MB-BOCHK@EC0602 4644 - - 16,985,000 4.38% MB-HSBC @EC0505 4645 - - 444,000 0.11% MB-HSBC @EC0505 4645 - - 444,000 0.11% MB-CP&CC@EC0508 4651 6,244,000 0.185 14,466,000 3.73% MB-CP&CC@EC0508 4651 (9,520,000) (0.180) 14,466,000 3.73% MBPCCWL@EC0506B 4664 1,506,000 0.099 93,059,000 46.53% MBPCCWL@EC0506B 4664 (1,164,000) (0.100) 93,059,000 46.53% MB-CMOB@EC0510A 4686 1,820,000 0.153 9,525,000 2.45% MB-CMOB@EC0510A 4686 (2,700,000) (0.153) 9,525,000 2.45% MB-HSBC@EC0507A 4687 - - 39,276,000 13.64% MB-HSBC@EC0507A 4687 - - 39,276,000 13.64% MBALUCO@EC0509A 4688 120,000 0.270 940,000 0.63% MBALUCO@EC0509A 4688 - - 940,000 0.63% MB-C TEL@EC0509 4689 708,000 0.123 14,114,000 3.64% MB-C TEL@EC0509 4689 (1,000,000) (0.123) 14,114,000 3.64% MB-C MOB@EP0507 4690 - - 21,370,000 5.51% MB-C MOB@EP0507 4690 - - 21,370,000 5.51% MB-HSBC @EP0507 4691 500,000 0.630 4,200,000 2.10% MB-HSBC @EP0507 4691 (500,000) (0.620) 4,200,000 2.10% MB-HSBC@EC0509C 4716 8,000,000 0.250 20,000 0.01% MB-HSBC@EC0509C 4716 (8,000,000) (0.250) 20,000 0.01% MB-HWL @EC0510B 4717 100,000 0.335 130,000 0.04% MB-HWL @EC0510B 4717 - - 130,000 0.04% MB-HSBC @EP0509 4720 5,320,000 0.590 512,000 0.20% MB-HSBC @EP0509 4720 (5,820,000) (0.590) 512,000 0.20% MBHSCEI@EC0509C 4722 - - - 0.00% MBHSCEI@EC0509C 4722 - - - 0.00% MB-HSI @EC0509C 4723 - - - 0.00% MB-HSI @EC0509C 4723 - - - 0.00% MBHSCEI@EC0509D 4724 - - - 0.00% MBHSCEI@EC0509D 4724 - - - 0.00% MB-HSI @EP0509D 4725 - - - 0.00% MB-HSI @EP0509D 4725 - - - 0.00% MBHSCEI@EP0509E 4726 - - - 0.00% MBHSCEI@EP0509E 4726 - - - 0.00% MB-HSI @EP0509E 4727 - - - 0.00% MB-HSI @EP0509E 4727 - - - 0.00% MBHSCEI@EP0509F 4728 - - - 0.00% MBHSCEI@EP0509F 4728 - - - 0.00% MB-HSI @EP0509F 4729 - - - 0.00% MB-HSI @EP0509F 4729 - - - 0.00% MBCK(H)@EC0510B 4740 6,200,000 0.250 - 0.00% MBCK(H)@EC0510B 4740 (6,200,000) (0.244) - 0.00% MB-CSCL @EC0512 4741 - - 55,000 0.04% MB-CSCL @EC0512 4741 - - 55,000 0.04% MB-JIANC@EC0512 4742 - - 302,000 0.20% MB-JIANC@EC0512 4742 - - 302,000 0.20% MB-SH PC@EC0512 4743 - - 2,000 0.00% MB-SH PC@EC0512 4743 - - 2,000 0.00% MB-CLIFE@EC0509 4750 5,000 0.315 - 0.00% MB-CLIFE@EC0509 4750 (5,000) (0.320) - 0.00% MB-PICC @EC0603 4754 - - - 0.00% MB-PICC @EC0603 4754 - - - 0.00% formed the view as to whether or not the Rights Issue will be extended to the Shareholders in such jurisdictions. The Company will ensure compliance with rule 13.36(2) of the Listing Rules. If the Rights Issue is not extended to Overseas Shareholders, they will therefore not be able to take part in the Rights Issue. The Company will send the Rights Issue prospectus to Overseas Shareholders for their information only. The Company will not send provisional allotment letters or excess Rights Shares application forms to Overseas Shareholders. If a premium (net of expenses) can be obtained, the Company will sell each Overseas Shareholder's provisional allotment of Rights Shares once dealings in the nil-paid Rights Shares begin. The proceeds of each sale, less expenses, of HK$100 or more will be paid to the relevant Overseas Shareholders in Hong Kong dollars. The Company will retain individual amount of less than HK$100 for its own benefit. Fractions of Rights Shares: The Company will not provisionally allot fractions of Rights Shares to Qualifying Shareholders. If a premium (net of expenses) can be obtained, the Company will sell any Rights Shares created by adding fractions of Rights Shares together, and will keep the proceeds for its own benefit. Application for excess Rights Shares: Qualifying Shareholders may apply (by completing excess Rights Shares application forms) for any unsold entitlements of Overseas Shareholders, any unsold Rights Shares created by adding fractions of Rights Shares together, and any Rights Shares provisionally allotted but not accepted. Application is made by completing the excess Rights Shares application form. The Directors will allocate the excess Rights Shares at their discretion, but on a fair, reasonable and practicable basis and preference will be given to applications for less than one board lot of Shares where it appears to the Directors that such applications have been made to round up an existing holding of an odd lot of Shares. As at the date of this announcement, the Directors, Underwriter and their respective associates (as defined in the Listing Rules) have not yet decided whether they will apply for excess Rights Shares. Application for Listing: The Company will apply to the Listing Committee of the Stock Exchange for the listing of, and permission to deal in, the Rights Shares in both nil-paid and fully paid forms. Nil paid Rights Shares will be traded in board lots of 2,000 Shares. Dealings in the Rights Shares (in both nil-paid and fully paid forms) will be subject to payment of stamp duty in Hong Kong. UNDERWRITING ARRANGEMENT Undertakings from Controlling Shareholder: As at the date of this announcement, the Controlling Shareholder is directly and indirectly interested in 250,618,000 Shares, representing approximately 64.3 per cent. of the issued share capital of the Company, of which (a) 237,600,000 Shares, representing approximately 61 per cent. of the issued share capital of the Company, are beneficially owned by Takson International Holdings Limited, the entire issued share capital of which is held by Wangkin Investments Inc. ("WII") as trustee of the Wangkin Investments Unit Trust (the "Unit Trust"). All issued and outstanding units in the Unit Trust are beneficially held by Guardian Trustee Limited as trustee of Wang & Kin Family Trust (the "Family Trust"). The discretionary beneficiaries of the Family Trust are, inter alios, Ms. Pang Shu Yuk, Adeline Rita, Mr. Wong Chi Wang, Calvin, and Mr. Wong Chi Kin, Christopher, being the spouse and the children of Mr. Wong Tek Sun, Takson, respectively, (b) 9,000,000 Shares, representing approximately 2.31 per cent. of the issued share capital of the Company, are beneficially owned by Ms. Pang Shu Yuk, Adeline Rita, the spouse of Mr. Wong Tek Sun, Takson and (c) 4,018,000 Shares, representing approximately 1.03 per cent. of the issued share capital of the Company, are beneficially owned by Mr. Wong Tek Sun, Takson. The Controlling Shareholder has given an irrevocable undertaking to the Company to accept or procure acceptance in full of the 50,123,600 Rights Shares (approximately 64.34 per cent.) provisionally allotted to them or their associates (as defined in the Listing Rules). If the Underwriter fully takes up its underwriting commitment, it would subscribe for further 27,776,400 (approximately 35.66 per cent.) Rights Shares. Underwriting Agreement: