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Changes of Designated Securities for Short Selling

Market Operations
14 Jul 2003

THE STOCK EXCHANGE OF HONG KONG LIMITED
(A wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited)

Changes of Designated Securities for Short Selling

The Stock Exchange of Hong Kong Limited, a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), announces that with effect from 21 July 2003 (Monday), one additional security will be eligible for short selling and sixteen existing Designated Securities will be removed from the list. The total number of Designated Securities for short selling will be 159.

A list of the Designated Securities to be added and removed is attached for your information. The revised list of all Designated Securities is also available on the HKEx's web site (http://www.hkex.com.hk).

List of Additional and Deleted Designated Securities

1. One Additional Designated Security

Code ENGLISH SHORT NAME
641 FONG'S IND

2. Deletion of 16 Existing Designated Securities

Code ENGLISH SHORT NAME
26 CHINA MOTOR BUS
31 CHINA AEROSPACE
41 GREAT EAGLE H
123 GUANGZHOU INV
345 VITASOY INT'L
349 ICBC (ASIA)
418 FOUNDER HOLD
438 PACIFIC CONCORD
450 HUNG HING PRINT
626 JCG HOLDINGS
882 TIANJIN DEV
888 ROADSHOW
903 TPV TECHNOLOGY
1110 CNAC
1192 TITAN HOLDINGS
1193 CHINA RES LOGIC

Updated 14 Jul 2003