Stock Exchange of Hong Kong Initial Public Offerings Monthly Progress Report

The number of IPO applicants on hand as at 29/11/99 based on A1 form (Advance Booking Form -For Equity and Debt Securities) submitted = 39 cases which are as follows : Actively processing based on the assumption that all required / necessary information has been furnished : Total : 15 cases. Inactive / On-hold = Total: 2 cases. Already approved by Listing Committee but not yet listed : Total: 22 cases. Preliminary enquiry with A1 form not yet submitted : Preliminary enquiry with A1 form not yet submitted : Total: 3 cases. Number of company newly listed in 1999: 1/1/99 to 29/11/99: Total: 28.