Effective Exchange Rate Index
*****************************

    The effective exchange rate index for the Hong Kong dollar on Monday, July 24, 2006 is 96.1 (same as last Saturday's index).

     The effective exchange rate index for the Hong Kong dollar on Saturday, July 22, 2006 is 96.1 (same as last Friday's index).

Ends/Monday, July 24, 2006
Issued at HKT 16:19

NNNN