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Admission of Nine Dragons Paper (Holdings) Ltd to List of Designated Securities for Short Selling

Market Operations
24 Aug 2006

THE STOCK EXCHANGE OF HONG KONG LIMITED
(A wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited)

Admission of Nine Dragons Paper (Holdings) Ltd to List of Designated Securities for Short Selling

The Stock Exchange of Hong Kong Limited, a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), announces that with effect from 1 September 2006 (Friday), Nine Dragons Paper (Holdings) Ltd (Stock Code: 2689) will be admitted to the list of designated securities eligible for short selling.

The latest list of all designated securities for short selling is available on HKEx's website.

Note: Nine Dragons Paper (Holdings) Ltd will be admitted as a constituent of the MSCI China Index and its addition to the list of designated securities for short selling is pursuant to the Eleventh Schedule of the Rules of the Exchange.

Updated 24 Aug 2006