09:01     AA-SHK P@EP0512<04969> - New Listing                                

    Market participants are requested to note that dealings in the 2005       
    European Style (Cash Settled) Put Warrants relating to existing issued    
    ordinary shares of HK$0.50 each of Sun Hung Kai Properties Limited issued 
    by ABN AMRO Bank N.V. will commence at 9:30 a.m. on Wednesday, 25/05/2005 
    under the following particulars:-                                         
                                                                              
    Stock Code      Stock Short Name        Board Lot                         
    ----------      ----------------        ---------                         
    4969            AA-SHK P@EP0512         10,000 units