TRACK RECORD OF HONG KONG HSI MARKET ALERTS Third Quarter 2000 updated Oct 1 2000 Buy Index Sell Index Points % Gain Points % Gain Cumulat. Date Value Date Value Gained for Gained for Gain % for Buying for Selling Buying Selling Bf last quarter : 20502 128.00 128.00 June 26 15890 July 18 17750 1860 11.71 170 139.71 0.96 140.66 July 19 17580 July 24 17845 265 1.51 276 142.17 1.55 143.72 July 25 17569 July 28 17400 -169 -0.96 500 142.76 2.87 145.63 July 31 16900 Aug 3 17240 340 2.01 -181 147.64 -1.05 146.59 Aug 4 17421 Aug 8 17400 -21 -0.12 120 146.47 0.69 147.16 Aug 15 17280 Aug 18 17480 200 1.16 -78 148.32 -0.45 147.87 Aug 21 17558 Aug 23 17548 -10 -0.06 58 147.81 0.33 148.14 Aug 24 17490 Aug 25 17450 -40 -0.23 150 147.92 0.86 148.78 Aug 31 17300 Sept 6 17785 485 2.80 2283 151.58 12.84 164.42 Sept 19 15502 Sept 20 15684 182 1.17 585 165.59 3.73 169.32 Sept 25 15099 Sept 26 15245 146 0.97 170.29 ' Totals 23740 147.96 3883 22.33 170.29 Total Index Points Gained This Quarter : 7121 Points Total % Gained This Quarter : 42 % Cumulative Index Points Gained This Year 27623 Points Total % Gained This Year : 170 % al Index Points Gained : 1265 Points Total % Gained : 7.9 %