Voting Results at the 2003 Annual General Meeting of Hkex

15 April 2003

Voting Results at the 2003 Annual General Meeting of HKEx

The following 10 resolutions in relation to election of directors were put to vote at today's annual general meeting (AGM) of Hong Kong Exchanges and Clearing Limited (HKEx). Results of the poll are as follows:

For Against Net Votes Mr Fan Chor Ho, Paul 139,545,288 147,838,933 -8,293,645 Dr Kwok Chi Piu, Bill 165,065,347 128,344,333 36,721,014 Mr Lee Jor Hung, Dannis 156,441,750 131,618,471 24,823,279 Mr Lee Kwan Ho, Vincent 182,872,427 125,325,598 57,546,829 Mr Seto Gin Chung, John 161,896,388 192,307,679 -30,411,291 Mr Wong Sai Hung, Oscar 218,120,413 115,057,296 103,063,117 Mr Yue Wai Keung 176,025,081 188,244,223 -12,219,142 Mr Webb, David Michael 159,544,913 133,033,804 26,511,109 Mr Chan, Henry 79,850,147 117,698,189 -37,848,042 Mr Lam Kin Hing, Kenneth 59,985,843 108,529,732 -48,543,889

The following five candidates received the highest number of net votes, and are appointed directors in accordance with HKEx's Memorandum and Articles of Association (names are listed in alphabetical order):

Dr Kwok Chi Piu, Bill Mr Lee Jor Hung, Dannis Mr Lee Kwan Ho, Vincent Mr Webb, David Michael Mr Wong Sai Hung, Oscar

Since less than six candidates have received net positive votes, the board of HKEx will, in accordance with Article 92, appoint one suitable candidate to fill the casual vacancy.

香港交易及結算所有限公司 Hong Kong Exchanges and Clearing Limited 香港中環港景街一號國際金融中心一期 12 樓 12/F, One International Finance Centre, 1 Harbour View Street, Central, Hong Kong 電話 Tel: (852) 2522 1122 傳真 Fax: (852) 2295 3106 網址 Website: www.hkex.com.hk 電郵 E-mail: [email protected] - 2 -

At the AGM, shareholders also approved the following resolutions:

For Against Net Votes To receive and consider the audited 294,426,900 210,000 294,216,900 accounts for the year ended 31 December 2002 together with the reports of the directors and auditors thereon

To declare a final dividend 345,499,900 675,000 344,824,900

To re-appoint 291,257,556 3,734,500 287,523,056 PricewaterhouseCoopers as auditors of HKEx and to authorise the directors to fix their remuneration

To approve the general mandate for 244,139,002 50,955,054 193,183,948 the issue of additional shares of HKEx

To approve the general mandate for 285,079,710 9,744,346 275,335,364 the repurchase of shares of HKEx

To approve the extension to the 282,416,202 12,677,854 269,738,348 general mandate for the issue of shares granted under the above resolution to include the repurchased shares

To approve a remuneration of 332,671,556 12,388,500 320,283,056 HK$100,000 be paid to each of the non-executive directors of HKEx at the conclusion of the next annual general meeting of HKEx for the period from the conclusion of this meeting to the conclusion of the next annual general meeting of HKEx

To approve the amendments to the 290,071,556 2,645,500 287,426,056 Memorandum and Articles of Association in alignment with the Securities and Futures Ordinance which became effective on 1 April 2003