16:49     Changes of Designated Securities for Short Selling                  

                                                                              
    Stock Exchange Participants are advised that with effect from 17 May 2005,
    37 additional securities will be eligible for short selling and 9 existing
    Designated Securities will be removed from the list.  The total number of 
    Designated Securities for short selling will be 266.  The securities to be
    added to the list of Designated Securities and the securities to be       
    removed from such list are shown in the Attachment for your information.  
    The revised list of all Designated Securities is also available on the    
    Exchange's web site (http://www.hkex.com.hk).                             
                                                                              
    For ease of reference, a letter "H" will be displayed at the top of the   
    stock page screen adjacent to the stock name of each Designated Security  
    to indicate that the security is eligible for short selling.              
                                                                              
    For details, please refer to Circular ED/CMDO/TMO/027/05 of 9 May 2005.