09:07     CHI EST B1004<02516> - New Listing                                  

    Market participants are requested to note that dealings in the Zero       
    Coupon Convertible Bonds due 2010 issued by Chinese Estates Holdings      
    Limited will commence at 9:30 a.m. on Thursday, 21/04/2005 under the      
    following particulars:-                                                   
                                                                              
    Stock Code  Stock Short Name     Denomination      Trading Currency       
    ----------  ----------------     ------------      ----------------       
    2516        CHI EST B1004        HKD 10,000        HKD                    
                                     or 100 units