08:53     KC-HSI @EP0511D<04978> - New Listing                                

    Market participants are requested to note that dealings in the            
    2005 European Style (Cash Settled) Index Put Warrants relating            
    to the Hang Seng Index issued by KBC Financial Products                   
    International Ltd. (the "Issuer") will commence at 9:30 a.m.              
    today (26/05/2005) under the following particulars:-                      
                                                                              
    Stock Code      Stock Short Name        Board Lot                         
    ----------      ----------------        ---------                         
    4978            KC-HSI @EP0511D         10,000 units                      
                                                                              
                                                                              
    Market participants are also requested to note that the stock short       
    name of currently listed 2005 European Style (Cash Settled) Index         
    Put Warrants relating to the Hang Seng Index issued (stock code: 4947)    
    issued by the Issuer will be changed to "KC-HSI @EP0511B" with effect     
    from today (26/05/2005).