XINAO GAS N1208<02529> - New Listing

Market participants are requested to note that dealings in the 
7.375% Guaranteed Notes due 2012 issued by Xinao Gas Holdings 
Limited will commence at 9:30 a.m. on Monday, 08/08/2005 under the 
following particulars:-

Stock Code  Stock Short Name     Denomination     Trading Currency
----------  ----------------     ------------     ----------------
2529        XINAO GAS N1208      USD 1,000        USD
                                 or 10 units