08:52     DB-HWL @EC0512B<04972> - New Listing                                

    Market participants are requested to note that dealings in the            
    2005 European Style (Cash Settled) Call Warrants relating to existing     
    issued ordinary shares of HK$0.25 each of Hutchison Whampoa Limited       
    issued by Deutsche Bank AG (the "Issuer") will commence at 9:30 a.m.      
    today (26/05/2005) under the following particulars:-                      
                                                                              
    Stock Code      Stock Short Name        Board Lot                         
    ----------      ----------------        ---------                         
    4972            DB-HWL @EC0512B         10,000 units                      
                                                                              
    Market participants are also requested to note that the stock short name  
    of currently listed 2005 European Style (Cash Settled) Call Warrants      
    (stock code: 4887) issued by the Issuer will be changed to                
    "DB-HWL @EC0512A" with effect from today (26/05/2005).