The Hong Kong Futures Exchange (HKFE) will adjust Hutchison Whampoa Limited Futures contracts as a result of the company's decision to issue one ordinary share for every ten ordinary shares as part of a final dividend payment to shareholders.

Immediately before the market opening on the ex-bonus day, which is Tuesday, 16 May 2000:

• All outstanding contracts (May, June and September contracts) will be adjusted as follows:

  1. The contract multiplier will be increased proportionately by 10%, i.e. from 5,000 to 5,500.

  2. The contracted prices will be reduced proportionately by the ratio 1:(1+10), i.e. 9.09% and will be rounded to the nearest cent.

  3. The outstanding contract will be assigned a new trading symbol: HWA, and each outstanding expiry month of the outstanding contract will remain open until expiration of that expiry month or until all open positions in that expiry month are closed, whichever occurs first.

• The Hutchison Whampoa Limited Futures contracts (May, June, September and December contracts) with original contract multiplier 5,000 will be listed for side by side trading, which will be conducted under the original symbol: HWL.

For further enquiries, please contact HKFE Corporate Communications: Ms Teresa Chan 2842 9386 or Mr Scott Sapp on 2842 9421 .