08:53 Hang Seng H-Share Index ETF <02828> Information HANG SENG H-SHARE INDEX ETF (STOCK CODE 2828) INFORMATION: DATE : 06-Apr-2005 N.A.V. PER UNIT (Note 1) $48.547983 N.A.V. PER CREATION UNIT (Note 2) $4,854,798.30 DIVIDEND EQUIVALENT AMOUNT PER UNIT (Note 3) $-0.045447 DIVIDEND EQUIVALENT AMOUNT PER CREATION UNIT (Note 4) $-4,544.70 BALANCING CASH AMOUNT PER CREATION UNIT (Note 5) $4,472.08 TOTAL CASH COMPONENT PER CREATION UNIT (Note 6) $-72.62 TRUST UNITS OUTSTANDING (Note 7) 31,892,878.0 -------------------------------------------------------------------------- INDEX BASKET SHARES PER CREATION UNIT FOR: 07-Apr-2005 STOCK CODE NAME OF INDEX BASKET SHARE SHARE AMOUNT 0168 TSINGTAO BREW 4,528 0177 JIANGSU EXPRESS 13,601 0323 MAANSHAN IRON 19,288 0325 BEIJING YANHUA 11,264 0338 SHANGHAI PECHEM 25,934 0347 ANGANG NEWSTEEL 9,906 0358 JIANGXI COPPER 12,872 0386 SINOPEC CORP 186,772 0525 GUANGSHEN RAIL 15,931 0548 SHENZHENEXPRESS 8,320 0576 ZHEJIANGEXPRESS 15,959 0598 SINOTRANS 19,894 0670 CHINA EAST AIR 17,441 0694 BEIJING AIRPORT 14,983 0696 TRAVELSKY TECH 3,460 0728 CHINA TELECOM 154,460 0753 AIR CHINA 35,912 0763 ZTE 1,783 0857 PETROCHINA 195,698 0902 HUANENG POWER 34,007 0914 ANHUI CONCH 4,822 0991 DATANG POWER 15,924 1033 YIZHENG CHEM 15,582 1055 CHINA SOUTH AIR 13,069 1071 HUADIAN POWER 15,928 1128 ZHENHAI REFIN 8,056 1138 CHINA SHIP DEV 14,425 1171 YANZHOU COAL 13,624 1211 BYD COMPANY 1,664 2318 PING AN 28,478 2328 PICC P&C 38,466 2357 AVICHINA 18,697 2600 CHALCO 36,729 2628 CHINA LIFE 82,823 2698 WEIQIAO TEXTILE 3,836 2866 CSCL 26,935 2883 CHINA OILFIELD 17,083 2899 ZIJIN MINING 8,916 ESTIMATED CASH COMPONENT PER CREATION UNIT: $-83.62 -------------------------------------------------------------------------- FOOTNOTES: 1. N.A.V. PER UNIT IS THE NET ASSET VALUE OF THE HANG SENG H-SHARE INDEX ETF DIVIDED BY THE NUMBER OF UNITS OUTSTANDING. 2. N.A.V. PER CREATION UNIT IS THE NET ASSET VALUE PER UNIT TIMES THE NUMBER OF UNITS IN A CREATION UNIT. 3. DIVIDEND EQUIVALENT AMOUNT PER UNIT IS A CASH AMOUNT REQUIRED TO BE PAID PER UNIT NECESSARY TO COVER NET UNDISTRIBUTED DIVIDENDS AND OTHER INCOME AMOUNTS RECEIVED AND HELD BY THE TRUST. 4. DIVIDEND EQUIVALENT AMOUNT PER CREATION UNIT IS THE DIVIDEND EQUIVALENT AMOUNT PER UNIT TIMES THE NUMBER OF UNITS IN A CREATION UNIT. 5. BALANCING CASH AMOUNT PER CREATION UNIT IS A FURTHER CASH AMOUNT REQUIRED TO BE PAID OR RECEIVED PER UNIT, WHICH EQUALS THE DIFFERENCE BETWEEN THE AGGREGATE OF (I) THE VALUE (CALCULATED ON A NOMINAL CLOSING PRICE BASIS) OF THE INDEX SHARES THE SUBJECT OF THE BASKET APPLICATION ON A PER UNIT BASIS AND (II) THE DIVIDEND EQUIVALENT AMOUNT PER UNIT AND THE PREVAILING NET ASSET VALUE PER UNIT (ALL SUCH VALUATIONS BEING AT THE VALUATION POINT ON THE RELEVANT DEALING DAY) MULTIPLIED BY THE NUMBER OF UNITS IN A CREATION UNIT. 6. TOTAL CASH COMPONENT PER CREATION UNIT IS THE AGGREGATE OF DIVIDEND EQUIVALENT AMOUNT PER CREATION UNIT, BALANCING CASH AMOUNT PER CREATION UNIT AND CASH IN LIEU OF ANY INDEX SHARES. 7. TRUST UNITS OUTSTANDING IS THE TOTAL UNITS IN ISSUE AND DEEMED TO BE IN ISSUE (PRIOR TO ANY CURRENT DAY TRANSACTION). -------------------------------------------------------------------------- The data and information are provided for reference only. Neither HSBC Provident Fund Trustee (Hong Kong) Limited nor Hang Seng Investment Management Limited warrants, represents or guarantees the accuracy or completeness of the such data and information and accepts any responsibility or liability for any economic or other loss which may be directly or indirectly sustained by any person as a result of or in connection with the use of and/or reference to such data and information.