TABLE 2

Effective

from

CONFIDENTIAL

- 6 -

HKAB deposit rates and the best

lending rates of the note-issuing banks (% p.a.)

Time deposit rates

7 days' call 3 months 12 months

Savings deposit

rate

BLR

16.8.86

2-1/4

3-1/4

4

2

6-1/2

15.1.87

1-1/4

2-1/2

3-1/4

1-1/4

5

2.3.87

1-3/4

3

3-3/4

1-3/4

6

7.4.87

2-1/4

3-1/4

4

2

6-1/2

2.6.87

2-3/4

3-3/4

4-1/2

2-1/2

7

22.6.87

3

4-1/4

5

2-3/4

7-1/2

12.10.87

3-3/4

5-1/4

6

3-1/2

8-1/2

26.10.87

3

4-1/4

5

2-3/4

7-1/2

28.10.87

2

3-1/4

4

1-3/4

6-1/2

30.11.87

1-3/4

3

3-3/4

1-1/2

6

7.12.87

1/2

2

2-3/4

1-1/2

5-1/2

CONFIDENTIAL

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