Latest EFN Closing Yield-to-Maturity of Last 5 Trading Days Feb. 08

                                                                          
Yield-to-Maturity at Closing from the OTC market as of the last 5 trading 
days of the latest EFN in issue with similar time-to-maturity ("Latest    
EFN") as the EFN at tender for reference:                                 
                                                                          
Re: EFN at tender (HKMA Issue No. 02Y1202)                                
                                                                          
Latest                                                                    
Same                                                                      
Maturity                                      Closing Yield-to-Maturity   
EFN     HKMA                      Coupon           at Closing (%pa)*      
Stock   Issue     Issue  Maturity  Rate    2010                           
Code    No.       Date     Date   (%pa)    01/02 02/02 03/02 04/02 05/02  
----    -----     ----     ----   ------   ----- ----- ----- ----- -----  
4134    7202    24/02/05 24/02/12  3.14     0.64  0.66  0.64  0.65  0.61  
                                                                          
* Source: Reuters