09:41 <04620>, <04621>, <04573>, <04625> & <04626> - Ann. (1) The Stock Exchange of Hong Kong Limited (the "Stock Exchange") takes no responsibility for the contents of this announcement, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. Notice of Expiry relating to certain European Style (Cash Settlement) Warrants 2004/2005 issued by SGA Societe Generale Acceptance N.V. (incorporated in the Netherlands Antilles with limited liability) and unconditionally and irrevocably guaranteed by Societe Generale (incorporated in France) Notice of Expiry relating to the following warrants (together, the "Warrants"): Stock Code 4620 Company Cheung Kong (Holdings) Limited Shares Existing issued ordinary shares of HK$0.50 each of the Company Type Call Issue Size 176,000,000 Expiry Date 26 April 2005 Exercise Price HK$65.38 per 10 warrants Board Lot 10,000 Exercise Amount 10 Warrants Entitlement 1 Share Last Trading Date 20 April 2005 Closing Price of the Warrants on 11 April 2005 HK$0.56 Closing Price of the Shares on 11 April 2005 HK$71.25 In the/ Out of Money on 11 April 2005 (based on the Exercise Price ) 8.98% In the Money Stock Code 4621 Company Sun Hung Kai Properties Limited Shares Existing issued ordinary shares of HK$0.50 each of the Company Type Call Issue Size 179,000,000 Expiry Date 26 April 2005 Exercise Price HK$73.18 per 10 warrants Board Lot 10,000 Exercise Amount 10 Warrants Entitlement 1 Share Last Trading Date 20 April 2005 Closing Price of the Warrants on 11 April 2005 HK$0.039 Closing Price of the Shares on 11 April 2005 HK$70.75 In the/ Out of Money on 11 April 2005 (based on the Exercise Price ) 3.32%Out of Money Stock Code 4573 Company China Telecom Corporation Limited Shares Existing issued ordinary H shares of RMB1.00 each of the Company Type Call Issue Size 385,000,000 Expiry Date 27 April 2005 Exercise Price HK$2.68 per warrant Board Lot 2,000 Exercise Amount 1 Warrant Entitlement 1 Share Last Trading Date 21 April 2005 Closing Price of the Warrants on 11 April 2005 HK$0.084 Closing Price of the Shares on 11 April 2005 HK$2.775 In the/ Out of Money on 11 April 2005 (based on the Exercise Price ) 3.55% In the Money Stock Code 4625 Company Aluminium Corporation of China Limited Shares Existing issued ordinary H shares of RMB1.00 each of the Company Type Call Issue Size 134,000,000 Expiry Date 27 April 2005 Exercise Price HK$4.738 per warrant Board Lot 2,000 Exercise Amount 1 Warrant Entitlement 1 Share Last Trading Date 21 April 2005 Closing Price of the Warrants on 11 April 2005 HK$0.136 Closing Price of the Shares on 11 April 2005 HK$4.625 In the/ Out of Money on 11 April 2005 (based on the Exercise Price ) 2.39%Out of Money