Clients from Core Pacific-Yamaichi can choose to buy Macquarie Equity Linked Investment (Macquarie ELI)
Macquarie ELI has the following specialties:

• no application fee, management fee, stamp duty and levy
• minimum investment is HKD100,000
• investors are able to choose from more than 20 Hong Kong listed shares as underlying
• flexible investment timeframes and terms

Risk for investing Macquarie ELI

Macquarie ELI investors should expect to buy the shares at the chosen Reference Price. Moreover, they should understand the following risks:

• market risk (share price of investor's chosen share goes down)
• liquidity risk (there is no secondary market)
• risk of issuer (Macquarie may be unable to fulfill its obligations)
• risk of intermediary (Macquarie ELI would be subscribed on client's behalf in the name of Core Pacific-Yamaichi International (H.K.) Limited or its nominee)

For more information about CPY's financial products services, fax us at (852) 2523-9925, or contact:

Mr. Tony Liang: (852) 2166-3319, e-mail: tony.liang@cpy.com.hk
Mr. Landal Kam: (852) 2826-0729, e-mail: landal.kam@cpy.com.hk