09:21     SHANGHAI ELECTRIC GROUP COMPANY LIMITED<02727> -Announcement        

    The Stock Exchange has received a message from Shanghai Electric Group    
    Company Limited, a new listing applicant, which is reproduced as follows:-
                                                                              
    "Announcement of the Offer Price, indication of the level of interest in  
    the International Offering and the application results and basis of       
    allocation of the Hong Kong Offer Shares (with successful applicants'     
    identification document numbers) to be published in the South China       
    Morning Post (in English) and the Hong Kong Economic Times (in Chinese) on
    or before                                        Wednesday, April 27, 2005
                                                                              
    Despatch of H share certificates in respect of wholly or partially        
    successful applications on or before             Wednesday, April 27, 2005
                                                                              
    Despatch of refund cheques in respect of wholly successful (if applicable)
    or wholly or partially unsuccessful applications on or before             
                                                     Wednesday, April 27, 2005
                                                                              
    Dealings in H Shares on the Stock Exchange to commence on                 
                                                      Thursday, April 28, 2005
                                                                              
                                                                              
    If you have applied for 1,000,000 Hong Kong Offer Shares or more and      
    you have indicated in your Application Form that you wish to collect your 
    refund cheque (where relevant) and share certificate(s) (where relevant)  
    personally, you may collect your refund cheque (where relevant) and your  
    share certificate(s) (where relevant) from our H Share Registrar, from 9: 
    00 a.m. to 1:00 p.m. on Wednesday, April 27, 2005 or any other day that we
    publish in the newspapers as the date of despatch of share certificates   
    and/or refund cheques. If you are an individual who opts for personal     
    collection, you must not authorize any other person to make collection on 
    your behalf. If you are a corporate applicant which opts for personal     
    collection, you must attend by your authorized representative bearing a   
    letter of authorization from your corporation stamped with your           
    corporation's chop. Both individuals and authorized representatives (if   
    applicable) must produce, at the time of collection, evidence of identity 
    acceptable to our H Share Registrar. Uncollected share certificates and   
    refund cheques will be despatched by ordinary post at the applicant's own 
    risk to the address specified in the relevant Application Form.           
                                                                              
    25/4/2005"