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

Change 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 7 April 2004 (Wednesday), Semiconductor Manufacturing International Corporation, or SMIC (Stock Code: 981) will be added to the list of designated securities eligible for short selling.

The latest list of all designated securities eligible for short selling is available on the HKEx's website (http://www.hkex.com.hk/).