The Stock Exchange of Hong Kong issued a market consultation paper on proposed changes to the Exchange Listing Rules dealing with rule 8.10 (competing business), Chapter 14 (notifiable transactions) and Chapter 17 (share schemes) in May 1999.  Following requests from market practitioners, the consultation period will be extended by one month from July 31 to August 31, 1999.

Copies of the consultation paper are available from the Exchange at 36^th Floor, Jardine House, 1 Connaught Place, Central, Hong Kong. The consultation paper is also available for viewing on the Exchange’s website at http://www.sehk.com.hk.

Corporate Communications Department