Update No. 97

Note to subscribers for the amendments to the rules governing the listing of securities (the "Listing Rules")

Update No. 97

January 2011

Dear Sirs,

Mixed Media Offer

We enclose reprinted pages of the Listing Rules and the filing instructions. The reprinted pages incorporate amendments to implement the Consultation Conclusions on the Mixed Media Offer proposal jointly published by the Exchange and the Securities and Futures Commission in November 2010.

The rule amendments:-

•   give effect to the class exemption available under section 9A of the Companies Ordinance (Exemption of Companies and Prospectuses from Compliance with Provisions) Notice (Cap.32L). Subject to conditions, the class exemption allows issuers of equity securities and debentures to issue paper application forms in public offers without an accompanying paper prospectus;
•   allow SFC-authorised CIS under Chapter 20 the same flexibility as issuers of equity securities and debentures in the use of Mixed Media Offers in public offers; and
•   introduce a new headline category for Mixed Media Offer-related announcements which may be submitted for publication under broader e-submission windows.

We also enclose the filing instructions.

Coming into effect

The amendments will become effective when the class exemption becomes law expected to be on 1 February 2011.

Please click HEREHERE to see the amendments to the Main Board Listing Rules relating to Mixed Media Offer.

Yours faithfully,

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

Mark Dickens JP
Head of Listing