09:04     New Listing in Derivative Warrants                                  

    Market participants are requested to note that dealings in the            
    derivative warrants listed below will commence at 9:30 a.m. on            
    Thursday, 05/05/2005 under the following particulars:-                    
                                                                              
    Issuer: Calyon Financial Products (Guernsey) Limited                      
    Stock Code   Stock Short Name   Board Lot Size                            
    ----------   ----------------   --------------                            
    04894        CA-CLIFE@EC0511    1,000 Units                               
                                                                              
    Issuer: Deutsche Bank AG                                                  
    Stock Code   Stock Short Name   Board Lot Size                            
    ----------   ----------------   --------------                            
    04886        DB-HWL  @EP0511    10,000 Units                              
    04887        DB-HWL  @EC0512    10,000 Units                              
    04888        DB-HWL  @EC0601    10,000 Units                              
    04889        DB-SHK P@EC0512    10,000 Units                              
    04890        DB-SHK P@EC0602    10,000 Units                              
                                                                              
    Issuer: SGA Societe Generale Acceptance N.V.                              
    Stock Code   Stock Short Name   Board Lot Size                            
    ----------   ----------------   --------------                            
    04891        SG-HSI @EC0512A    10,000 Units                              
    04892        SG-HSI @EC0512B    10,000 Units                              
    04893        SG-CMOB@EC0601B    5,000 Units                               
    04895        SG-HSI  @EP0512    10,000 Units