09:03     KC-SHK P@EC0512<04981> - 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$0.50 each of Sun Hung Kai Properties Limited issued 
    by KBC Financial Products International Ltd. will commence at 9:30 a.m.   
    on Monday, 30/05/2005 under the following particulars:-                   
                                                                              
    Stock Code      Stock Short Name        Board Lot                         
    ----------      ----------------        ---------                         
    4981            KC-SHK P@EC0512         10,000 units