HKFE Clearing Corporation Limited (HKCC) and The SEHK Options Clearing House Limited (SEOCH), wholly-owned members of the Hong Kong Exchanges and Clearing Limited (HKEx) Group, have informed their Participants that the standard instruction input/processing fee will be abolished with effect from1 March 2005.

The standard instruction input/processing fee of $1.5 per transaction per side, which applies to trade transfers between accounts of Participants, is being abolished to improve the operational and administrative efficiency of HKCC and SEOCH Participants and help reduce costs to the market and investors.