SG-HSI @EP0407D<09536> - New Listing

Market participants are requested to note that dealings in the 2004 
European Style (Cash Settlement) Index Put Warrants relating to the Hang 
Seng Index issued by SGA Societe Generale Acceptance N.V. will commence at 
9:30 a.m. on Monday, 19/01/2004 under the following particulars:-

Stock Code      Stock Short Name        Board Lot
----------      ----------------        ---------
9536            SG-HSI @EP0407D         10,000 units