Hong Kong Monetary Authority Exchange Fund Notes Tender Result
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The following is issued on behalf of the Hong Kong Monetary Authority:

Tender date                      :   August 14, 2009

Paper on offer                   :   EF Notes

Issue number                     :   02Y1108

Issue date                       :   August 17, 2009

Maturity date                    :   August 17, 2011

Coupon                           :   0.43%

Competitive Tender Result

Amount applied                   :   HK$6,030 MN

Amount allotted                  :   HK$1,199.8 MN

Average price accepted (yield)   :   99.65 (0.61 PCT)

Lowest price accepted (yield)    :   99.63 (0.62 PCT)

Pro rata ratio                   :   About 59%

Average tender price (yield)     :   99.52 (0.67 PCT)

Non-competitive Tender Results(for applications submitted through Hong Kong Securities Clearing Company Limited)

Amount applied                   :   0.2 MN

Amount allotted                  :   0.2 MN

Allotment Price (yield)          :   99.63 (0.62 PCT)

Ends/Friday, August 14, 2009
Issued at HKT 12:23

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