10:39     J.P. MORGAN - Daily Trading Summary of Derivative Warrants          

    The Stock Exchange of Hong Kong Limited received notifications            
    regarding the daily trading summary of derivative warrants as follows:-   
                                                                              
    Trade Date - 06/05/2005                                                   
                                                                              
                                                                              
                                           Average                  Percent   
                              Number      (HK$) per                of Issue   
                                of         Warrant     Number of     Still    
    Stock           Stock    Warrants       Bought   Warrants Still  out in   
    Short Name       Code  Bought/(Sold)   /(Sold)   out in Market   Market   
    ---------------  ----  -------------  ---------  -------------- --------  
    JP-HKEX @EC0506  2178              -          -       4,240,000    1.12%  
    JP-PINAN@EC0507  2226         70,000       0.31         770,000    0.19%  
    JP-YZ CM@EC0506  2228              -          -     380,000,000  100.00%  
    JP-CLIFE@EC0509  3753              -          -       6,075,000    4.19%  
    JP-DAT P@EC0509  3754         52,000       0.55       1,522,000    1.35%  
    JP-HSCEI@EC0508  3755              -          -      11,310,000    6.28%  
    JP-PINAN@EC0511  3756        650,000       0.08       2,170,000    0.55%  
    JP-PINAN@EC0511  3756      (400,000)     (0.08)       2,170,000    0.55%  
    JP-YZ CM@EC0509  3757        300,000       0.08     162,880,000   40.72%  
    JP-YZ CM@EC0509  3757    (7,020,000)     (0.09)     162,880,000   40.72%  
    JP-ALUCO@EC0510  3768    (1,746,000)     (0.45)      18,624,000   16.48%  
    JP-BOCHK@EC0509  3769              -          -         227,000    0.22%  
    JP-CSHIP@EC0508  3770              -          -          86,000    0.08%  
    JP-COSCO@EC0512  3771              -          -         720,000    0.18%  
    JP-HWL @EC0508   3772              -          -       7,270,000    4.38%  
    JP-SPA @EC0508   3773        120,000       0.35         330,000    0.13%  
    JP-SPA @EC0508   3773      (100,000)     (0.35)         330,000    0.13%  
    JP-CP&CC@EC0508  3813    (4,572,000)     (0.17)     175,268,000   43.82%  
    JP-PETCH@EC0508  3814    (1,274,000)     (0.61)       8,474,000    2.12%  
    JP-HSBC @EC0603  3840              -          -         540,000    0.33%  
    JP-HUA P@EC0512  3841              -          -           6,000    0.00%  
    JP-ALUCO@EC0509  3980    (3,110,000)     (0.25)      24,264,000   20.22%  
    JP-C TEL@EC0510  3981              -          -          90,000    0.03%  
    JP-CITIC@EC0510  3983              -          -               0    0.00%  
    JP-JIANC@EC0509  3984    (1,872,000)     (0.11)      76,217,000   29.31%  
    JP-SPA  @EC0512  3985              -          -               0    0.00%  
    JP-YZ CM@EC0510  3986              -          -               0    0.00%  
    JP-CNOOC@EC0507  4668              -          -         200,000    0.10%  
    JP-J ELE@EC0508  4669              -          -      12,203,000   10.80%  
    JP-L&F  @EC0506  4670        100,000       2.95         476,000    0.61%  
    JP-L&F  @EC0506  4670      (410,000)     (2.90)         476,000    0.61%  
    JP-M I&S@EC0506  4671              -          -       6,484,000    2.49%  
    JP-SMIC @EC0506  4672              -          -       4,800,000    1.35%  
    JP-CPAIR@EC0510  4817              -          -               0    0.00%  
    JP-J ELE@EC0511  4819              -          -               0    0.00%  
    JP-JIANC@EC0510  4877              -          -               0    0.00%  
    JP-HSBC @EC0506  9150              -          -       4,496,000    3.10%