08:38     Last Sale Prices of Pilot Program NASDAQ Stocks in US               

                                                                              
    Last Sale Prices of Pilot Program NASDAQ Stocks in US on 19 May 2005      
    are as follows:                                                           
    (Source: NASDAQ website www.nasdaq.com, for reference only)               
                                                                              
                                                   HK$ Equivalent             
    STOCK CODE  STOCK SHORT NAME    US$   (@7.80 rounded to 4 decimal places) 
    ----------  ----------------  ------- ----------------------------------- 
    4331        DELL-T            39.9900          311.9220                   
    4332        AMGEN-T           61.8200          482.1960                   
    4333        CISCO-T           19.4000          151.3200                   
    4335        INTEL-T           26.0100          202.8780                   
    4336        APPL MATERIAL-T   15.7200          122.6160                   
    4337        STARBUCKS-T       55.0800          429.6240                   
    4338        MICROSOFT-T       25.9200          202.1760                   
                                                                              
    HK$ Equivalent of the last sale price is displayed in the freetext area of
    respective stock page.