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Exchange Fund Investment Limited announced that the Hong Kong Monetary Authority has today (Friday) advised State Street Global Advisors Asia Limited, the Manager of TraHK, that the maximum number of Units for which Hang Seng Index Shares will be made available under the Tap Facility for the period from July 1 2002 to September 30, 2002 will be 720 million Units. The value of this Tap Issue Limit is approximately HK$8 billion, calculated by reference to the Nominal Closing Price of a Unit of TraHK quoted by the Stock Exchange of Hong Kong on June 14 2002.

For further enquiries, please contact:

Fiona Chan, Chief Corporate Development Manager, at 2912 0165.

End/Friday, June 14, 2002

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