10:10     BNP ARBITRAGE - Daily Trading Summary of Derivative Wars (2)        

    The Stock Exchange of Hong Kong Limited received notifications            
    regarding the daily trading summary of derivative warrants as follows:-   
                                                                              
                                                                              
    Trade Date -  23052005                                                    
                                                                              
                                                                              
                                           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   
    ---------------  ----  -------------  ---------  -------------- --------  
    BP-HSI @EP0505   4569         -           -          29,070,000   14.5%   
    BP-PINAN@EC0510  4592         -           -           1,550,000    0.8%   
    BP-HUA P@EC0505  4601         -           -               2,000    0.0%   
    BP-YZ CM@EC0505  4612         -           -             880,000    0.4%   
    BP-HUA P@EC0506  4667         -           -             712,000    0.9%   
    BP-BEA @EC0509   4693         -           -             840,000    0.4%   
    BP-L&F @EC0510   4694         -           -                   0    0.0%   
    BP-M I&S@EC0505  4695         -           -          18,262,000    9.4%   
    BP-SH PC@EC0505  4696         -           -           9,392,000    4.8%   
    BPHSCEI@EC0510   4757   (66,460,000)   (0.136)       21,220,000    6.1%   
    BPHSCEI@EC0510   4757    57,200,000     0.135        21,220,000    6.1%   
    BP-CK(H)@EC0510  4758   (24,000,000)   (0.421)          280,000    0.1%   
    BP-CK(H)@EC0510  4758    25,000,000     0.427           280,000    0.1%   
    BP-BOCHK@EC0510  4760    (3,950,000)   (0.359)          250,000    0.1%   
    BP-BOCHK@EC0510  4760     3,980,000     0.360           250,000    0.1%   
    BPHSCEI@EP0510   4761     1,000,000     0.260         1,450,000    0.4%   
    BP-M I&S@EC0512  4808         -           -               4,000    0.0%   
    BP-YZ CM@EC0612  4809         -           -              40,000    0.0%   
    BP-HWL@EC0512    4815   (10,630,000)   (0.330)       15,930,000    8.0%   
    BP-HWL@EC0512    4815    11,700,000     0.335        15,930,000    8.0%   
    BP-HWL@EC0602    4816      (100,000)   (0.640)          820,000    0.4%   
    BP-HSI @EC0510   4835         -           -             200,000    0.1%   
    BP-HSI @EP0510   4839      (310,000)   (0.132)        3,350,000    0.8%   
    BP-HSI @EP0510   4839       170,000     0.134         3,350,000    0.8%