XN000022-1996-12-14+15 — Page 7

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The month-long festival is organised by the Eastern District Festival Co- ordinating Committee with the assistance of the Eastern District Office and the Eastern District Board.

The Eastern District Officer, Mr Lui Hau-tuen; the Chairman of the Eastern District Board, Mr Chan Bing-woon; and the Chairman of the Eastern District Festival Co-ordinating Committee, Mr Wong Kwok-hing were also present at the opening ceremony

End

Hong Kong Monetary Authority money market operations

AGGREGATE

BALANCE OF

SETTLEMENT

TIME

ACCOUNTS

OPENING AGGREGATE BALANCE

730 MN

0930 HR

8,214 MN

CLOSING AGGREGATE BALANCE

816 MN

1000 HR

8,173 MN

CHANGE ATTRIBUTABLE TO :

1100 HR

8,346 MN

MONEY MARKET ACTIVITY LAF REVERSAL

NIL

1200 HR

9,967 MN

+7,150 MN

1500 HR

LAF TODAY

- 7,064 MN

1600 HR

LAF RATE 4.00% BID/6.00% OFFER TWI 125.0 *+0.1* 14.12.96

Closed DECEMBER 14, 1996

End