09:11     CA-SHK P@EC0510<04828> - New Listing                                

    Market participants are requested to note that dealings in the 2005       
    European Style (Cash Settled) Call Warrants relating to existing issued   
    ordinary shares of HK$0.50 each in Sun Hung Kai Properties Limited issued 
    by Calyon Financial Products (Guernsey) Limited will commence at 9:30 a.m.
    on Friday, 22/04/2005 under the following particulars:-                   
                                                                              
    Stock Code      Stock Short Name        Board Lot                         
    ----------      ----------------        ------------                      
    4828            CA-SHK P@EC0510         10,000 units