08:51     Last Sale Prices of Hong Kong Stocks in US                          

                                                                              
    Last sale prices (per share) of Hong Kong stocks in US on                 
    11 May 2005 are as follows:                                               
    (Source: NYSE website www.nyse.com, NASDAQ website www.nasdaq.com,        
     for reference only)                                                      
                                                                              
                                              HK$ Equivalent                  
                             US$        (@7.80 rounded to 4 decimal places)   
                          ---------     -----------------------------------   
    APT SATELLITE          0.16625              1.2968                        
    ASIA SATELLITE         1.801               14.0478                        
    BRILLIANCE CHI         0.1678               1.3088                        
    CHALCO                 0.5336               4.1621                        
    CHINA EAST AIR         0.182                1.4196                        
    CHINA LIFE             0.66975              5.2241                        
    CHINA MOBILE           3.526               27.5028                        
    CHINA SOUTH AIR        0.332                2.5896                        
    CHINA TELECOM          0.3418               2.6660                        
    CHINA UNICOM           0.795                6.2010                        
    CITY TELECOM           0.1195               0.9321                        
    CNOOC                  0.5659               4.4140                        
    GUANGSHEN RAIL         0.3538               2.7596                        
    HUANENG POWER          0.73725              5.7506                        
    HUTCH TELECOM          0.933333             7.2800                        
    I-CABLE COMM           0.3508               2.7362                        
    JILIN CHEMICAL         N/A                  N/A                           
    PCCW                   0.605                4.7190                        
    PETROCHINA             0.624                4.8672                        
    SHANGHAI PECHEM        0.375                2.9250                        
    SINOPEC CORP           0.3959               3.0880                        
    SMIC                   0.196                1.5288                        
    SUNDAY COMM            N/A                  N/A                           
    TOM ONLINE             0.1475               1.1505                        
    YANZHOU COAL           1.3592              10.6018