TRACK RECORD OF HANG SENG INDEX MARKET ALERTS For Year 2006/07 updated Feb 3, 2007 Buy Index Sell Index Points % Gain Points % Gain Cumulat. Cumulative Date Value Date Value Gained for Gained for Gain % Investment Gain for Buying for Selling Buying Selling Investment sum = US$10,000 10000 Jan 3, 06 14976 Jan 16 15835 859 5.74 285 10,574 5.736 1.80 1.80 10,764 1.8 Jan 19 15550 Jan 20 15630 80 0.51 203 2.31 10,819 0.514 1.30 3.61 10,960 1.299 Jan 23 15427 Feb 1 15792 365 2.37 359 5.98 11,219 2.366 2.27 8.25 11,474 2.273 Feb 6 15433 Feb 7 15515 82 0.53 176 8.78 11,535 0.531 1.13 9.92 11,666 1.134 Feb 14 15339 Feb 21 15621 282 1.84 -28 11.76 11,880 1.838 -0.18 11.58 11,859 -0.18 Feb 23 15649 Feb 27 15948 299 1.91 151 13.49 12,086 1.911 0.95 14.43 12,200 0.947 Mar 2 15797 Mar 3 15856 59 0.37 524 14.81 12,246 0.373 3.30 18.11 12,650 3.305 Mar 8 15332 Mar 20 15850 518 3.38 175 21.49 13,078 3.379 1.10 22.60 13,222 1.104 Mar 23 15675 Mar 24 15735 60 0.38 -14 22.98 13,273 0.383 -0.09 22.89 13,261 -0.09 Mar 27 15749 Mar 31 15886 137 0.87 -90 23.76 13,376 0.87 -0.57 23.19 13,301 -0.57 Apr 3 15976 Apr 11 16503 527 3.30 33 26.49 13,739 3.299 0.20 26.69 13,767 0.2 Apr 13 16470 Apr 21 16975 505 3.07 362 29.76 14,189 3.066 2.13 31.89 14,491 2.133 Apr 26 16613 May 9 17153 540 3.25 1410 35.14 14,963 3.25 8.22 43.36 16,192 8.22 May 23 15743 May 30 15910 167 1.06 -188 44.42 16,364 1.061 -1.18 43.24 16,171 -1.18 Jun 5 16098 43.24 16,171 0 Jun 6 15948 43.24 16,171 0 Jun 9 15450 43.24 16,171 0 Jun 15 15411 43.24 16,171 0 Jun 22 15894 167.25 1.06 209 44.30 16,343 1.063 1.31 45.62 16,558 1.315 Jun 28 15685 Jul 5 16398 713 4.55 20 50.16 17,310 4.546 0.12 50.29 17,332 0.122 Jul 6 16378 Jul 7 16478 100 0.61 40 50.90 17,437 0.611 0.24 51.14 17,480 0.243 Jul 10 16438 Jul 11 16537 99 0.60 461 51.74 17,585 0.602 2.79 54.53 18,075 2.788 Jul 19 16076 Aug 17 17494 1418 8.82 424 63.35 19,670 8.821 2.42 65.77 20,146 2.424 Aug 22 17070 Sep 6 17475 405 2.37 486 68.15 20,624 2.373 2.78 70.93 21,198 2.781 Sep 12 16989 Sep 19 17415 426 2.51 92 73.43 21,729 2.508 0.53 73.96 21,844 0.528 Sep 20 17323 Sep 25 17606 283 1.63 124 75.60 22,201 1.634 0.70 76.30 22,357 0.704 Sep 27 17482 Oct 6 17927 445 2.55 107 78.85 22,926 2.545 0.60 79.44 23,063 0.597 Oct 10 17820 Oct 17 17988 168 0.94 -27 80.39 23,281 0.943 -0.15 80.24 23,246 -0.15 Oct 18 18015 Oct 27 18424 409 2.27 120 82.51 23,774 2.27 0.65 83.16 23,928 0.651 Oct 31 18304 Nov 7 19032 728 3.98 232 87.14 24,880 3.977 1.22 88.35 25,183 1.219 Nov 13 18800 Nov 20 18969 169 0.90 -9 89.25 25,410 0.899 -0.05 89.21 25,398 -0.05 Nov 21 18978 89.21 25,398 Nov 29 18779 89.21 25,398 Dec 19 18973 94.5 0.50 -8 89.71 25,525 0.501 -0.04 89.66 25,514 -0.04 Dec 19 18981 Jan 4 20415 1434 7.55 427 97.22 27,442 7.555 2.09 99.31 28,016 2.092 Jan 9, 07 19988 99.31 28,016 0 99.31 28,016 0 Jan 12 19679 Jan 25 20758 924.5 4.66 419 103.97 29,322 4.661 2.02 105.99 29,913 2.018 Feb 1 20339 105.99 29,913 0 105.99 29,913 0 0 Totals 12463.25 74.09 6475 37.64 111.73 Total Index Points Gained This Year : 18938.25 Points Total % Gained This Year : 111.7 % Cumulative Index Points Gained This Yr 18938.25 Points Total % Gained This Year : 112 % Performance of last transaction when marked to market: Total Index Points Gained : 315 Points Total % Gained : 1.5 % 30,377 1.549