08:57     SGFXI25@EC0511A<04955> - New Listing                                

    Market participants are requested to note that dealings in the 2005       
    European Style (Cash Settlement) Call Warrants relating to FTSE/Xinhua    
    China 25 Index issued by SGA Societe Generale Acceptance N.V. will        
    commence at 9:30 a.m. on Monday, 23/05/2005 under the following           
    particulars:-                                                             
                                                                              
                                                                              
    Stock Code      Stock Short Name        Board Lot                         
    ----------      ----------------        ---------                         
    4955            SGFXI25@EC0511A         10,000 units