NEWS RELEASE

17 May 2001

In response to press enquiries, Hong Kong Exchanges and Clearing Ltd. ( HKEx ) has issued the following statement.

HKEx operates its markets with internationally competitive fees and charges. It constantly monitors its fees and charges to ensure that Hong Kong remains competitive compared with other exchanges overseas.

To maintain Hong Kong's position in the forefront of the global securities and futures markets, HKEx is committed to continuous market development and improvements in its services to the investing public. This requires substantial investments including investments in its trading and clearing platforms. At the same time, as a listed company, HKEx operates as a business answerable to its shareholders.

HKEx will be discussing with Securities and Futures Commission to review the fees and charges of HKEx and the review is expected to be completed in a year. The review will take into account the competitiveness of the Hong Kong market and the commercial interests of HKEx. HKEx does not have any present plans to fundamentally change its fees and charges.

© Copyright 1996-2006 irasia.com Ltd. All rights reserved. Tel: (852) 2831-9792.

DISCLAIMER: irasia.com Ltd makes no guarantee as to the accuracy or completeness of any information provided on this website. Under no circumstances shall irasia.com Ltd be liable for damages resulting from the use of the information provided on this website. TRADEMARK & COPYRIGHT: All intellectual property rights subsisting in the contents of this website belong to irasia.com Ltd or have been lawfully licensed to irasia.com Ltd for use on this website. All rights under applicable laws are hereby reserved. Reproduction of this website in whole or in part without the express written permission of irasia.com Ltd is strictly prohibited. TERMS OF USE: Please read the Terms of Use governing the use of our website.