08:54 Hang Seng H-Share Index ETF <02828> Information HANG SENG H-SHARE INDEX ETF (STOCK CODE 2828) INFORMATION: DATE : 26-Apr-2005 N.A.V. PER UNIT (Note 1) $48.241048 N.A.V. PER CREATION UNIT (Note 2) $4,824,104.80 DIVIDEND EQUIVALENT AMOUNT PER UNIT (Note 3) $0.571153 DIVIDEND EQUIVALENT AMOUNT PER CREATION UNIT (Note 4) $57,115.30 BALANCING CASH AMOUNT PER CREATION UNIT (Note 5) $4,284.52 TOTAL CASH COMPONENT PER CREATION UNIT (Note 6) $61,399.82 TRUST UNITS OUTSTANDING (Note 7) 32,973,621.0 -------------------------------------------------------------------------- INDEX BASKET SHARES PER CREATION UNIT FOR: 27-Apr-2005 STOCK CODE NAME OF INDEX BASKET SHARE SHARE AMOUNT 0168 TSINGTAO BREW 4,570 0177 JIANGSU EXPRESS 13,725 0323 MAANSHAN IRON 19,464 0338 SHANGHAI PECHEM 26,170 0347 ANGANG NEWSTEEL 9,996 0358 JIANGXI COPPER 12,989 0386 SINOPEC CORP 188,474 0525 GUANGSHEN RAIL 16,076 0548 SHENZHENEXPRESS 8,396 0576 ZHEJIANGEXPRESS 16,105 0598 SINOTRANS 20,076 0670 CHINA EAST AIR 17,600 0694 BEIJING AIRPORT 15,120 0696 TRAVELSKY TECH 3,491 0728 CHINA TELECOM 155,867 0753 AIR CHINA 36,240 0763 ZTE 1,799 0857 PETROCHINA 197,481 0902 HUANENG POWER 34,317 0914 ANHUI CONCH 4,866 0991 DATANG POWER 16,069 1033 YIZHENG CHEM 15,724 1055 CHINA SOUTH AIR 13,188 1071 HUADIAN POWER 16,073 1128 ZHENHAI REFIN 8,129 1138 CHINA SHIP DEV 14,556 1171 YANZHOU COAL 13,748 1211 BYD COMPANY 1,679 2318 PING AN 28,738 2328 PICC P&C 38,817 2357 AVICHINA 18,867 2600 CHALCO 37,063 2628 CHINA LIFE 83,577 2698 WEIQIAO TEXTILE 3,871 2866 CSCL 27,181 2883 CHINA OILFIELD 17,239 2899 ZIJIN MINING 17,995 ESTIMATED CASH COMPONENT PER CREATION UNIT: $61,399.82 -------------------------------------------------------------------------- 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.