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

    The effective exchange rate index for the Hong Kong dollar on Monday, July 31, 2006 is 95.7 (down 0.2 against last Saturday's index).

     The effective exchange rate index for the Hong Kong dollar on Saturday, July 29, 2006 is 95.9 (same as last Friday's index).

Ends/Monday, July 31, 2006
Issued at HKT 18:08

NNNN

---