Hong Kong Monetary Authority Exchange Fund Bills Tender Results
********************************************************

The following is issued on behalf of the Hong Kong Monetary Authority:

Tender date                 :   November 24, 2009

Paper on offer              :   EF Bills

Issue number                :   Q0947

Issue date                  :   November 25, 2009

Maturity date               :   February 24, 2010

Amount applied              :   HK$110,500 MN

Amount allotted             :   HK$24,890 MN

Average yield accepted      :   0.05 PCT

Highest yield accepted      :   0.05 PCT

Pro rata ratio              :   About 25 PCT

Average tender yield        :   0.05 PCT

* * * * * * * *

Tender date                 :   November 24, 2009

Paper on offer              :   EF Bills

Issue number                :   H0982

Issue date                  :   November 25, 2009

Maturity date               :   May 26, 2010

Amount applied              :   HK$53,850 MN

Amount allotted             :   HK$9,000 MN

Average yield accepted      :   0.10 PCT

Highest yield accepted      :   0.10 PCT

Pro rata ratio              :   About 62 PCT

Average tender yield        :   0.12 PCT


----------------------------------------------------


Hong Kong Monetary Authority


Tenders to be held in the week beginning ¡V November 30, 2009 :-
****************************************************************

Tender date                 :   December 1, 2009

Paper on offer              :   EF Bills

Issue number                :   Q0948

Issue date                  :   December 2, 2009

Maturity date               :   March 3, 2010

Tenor                       :   91 Days

Amount on offer             :   HK$25,326 MN

* * * * * * * *

Tender date                 :   December 1, 2009

Paper on offer              :   EF Bills

Issue number                :   H0983

Issue date                  :   December 2, 2009

Maturity date               :   June 2, 2010

Tenor                       :   182 Days

Amount on offer             :   HK$9,000 MN

Ends/Tuesday, November 24, 2009
Issued at HKT 12:51

NNNN