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Update No. 37

Note to subscribers for the amendments to the rules governing the listing of securities on the Growth Enterprise Market (the "GEM Listing Rules")

Update No. 37

15 December 2010

Dear Sirs,

Minor amendments to the GEM Listing Rules

We enclose reprinted pages of the GEM Listing Rules and the filing instructions.

The reprinted pages incorporate amendments to remove the requirements for issuers to file various printed documents with the Exchange.

Coming into effect

The amendments will come into effect on 1 January 2011.

Please click HEREHERE to see the amended Rules.

Yours faithfully,

For and on behalf of
The Stock Exchange of Hong Kong Limited

Mark Dickens JP
Head of Listing