10:53     MSDW - 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 - 13052005                                                     
                                                                              
                                                                              
                                                                              
                                           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   
    ---------------  ----  -------------  ---------  -------------- --------  
    MS-HSBC@EC0506   3562        -            -         32,860,000     9.2%   
    MS-HSBC@EP0509   3563        -            -             68,000     0.1%   
    MS-HSCEI@EP0507  3628        -            -          4,000,000     1.0%   
    MS-HSCEI@EC0510  3629        -            -            320,000     0.1%   
    MS-HSI@EP0506    3630     1,240,000     0.165        4,100,000     1.0%   
    MS-HSI@EP0506    3630      (280,000)   (0.167)       4,100,000     1.0%   
    MS-HSI@EP0509    3631        30,000     0.185        3,880,000     1.0%   
    MS-HSI@EP0509    3631       (60,000)   (0.183)       3,880,000     1.0%   
    MS-HSI@EC0512    3632      (140,000)   (0.098)       2,930,000     0.7%   
    MS-HSI @EP0506B  3737     2,360,000     0.151        9,680,000     2.4%   
    MS-HSI @EP0506B  3737      (350,000)   (0.153)       9,680,000     2.4%   
    MS-HSI @EP0507   3738       350,000     0.162          660,000     0.2%   
    MS-HSI @EP0507   3738      (350,000)   (0.158)         660,000     0.2%   
    MS-HSBC @EP0506  3739       (16,000)   (0.740)          28,000     0.0%   
    MS-CK(H)@EC0510  3788        -            -          1,230,000     0.5%   
    MS-HWL @EC0507   3789        -            -          3,000,000     0.8%   
    MS-HSI @EC0510   4747     1,200,000     0.218          840,000     0.2%   
    MS-HSI @EC0511   4748     1,400,000     0.184        6,700,000     1.7%   
    MS-HSI @EP0510A  4751     1,400,000     0.145       15,500,000     3.9%   
    MS-HSI @EP0510A  4751    (2,000,000)   (0.137)      15,500,000     3.9%   
    MS-HSI @EP0510B  4752       800,000     0.163        8,110,000     2.0%   
    MS-HSI @EP0511   4753       350,000     0.187       23,430,000     5.9%   
    MS-HSI @EP0511   4753      (100,000)   (0.188)      23,430,000     5.9%   
    MS-HSI @EC0511C  4917        -            -                  0     0.0%   
    MS-HSI @EC0512B  4918        -            -                  0     0.0%   
    MS-HSI @EP0511D  4921    (1,400,000)   (0.204)       1,400,000     0.4%   
    MS-HSI @EP0512   4922        -            -                  0     0.0%