1. MSCI China Free Index Futures Jimmy Ho Derivatives Business Unit, HKEx 22 March 2001

2. Content Market Demand for China Concept Product Special Features of MSCI CFI Futures Benefits of Trading MSCI CFI Futures Highlights of the Contract Specifications

3. Market Demand for China Concept Product Worldwide Focus on China Need for Effective Trading and Hedging Tool Funds Focusing on Asia and China Markets Institutional and Retail Investors

4. Special Features of MSCI CFI Futures “Investable” China Equities Global Market Coverage Global Brand Name & Benchmark Facilitate Portfolio Management Flexibility

5. Benefits of Trading MSCI CFI Futures Efficient Execution Efficient Use of Capital Low Transaction Costs Clearing House Guarantee

6. Highlights of the Contract Specifications

7. * End *