Listing Rules Amendments to the GEM Listing Rules

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

Update No.15

8 May 2002

Dear Sirs,

Amendments to the GEM Listing Rules to permit the immediate re-appointment of GEM Listing Committee Members upon expiry of their maximum terms

We enclose reprinted pages of the GEM Listing Rules incorporating amendments to Chapter 3, together with the filing instructions.

The immediate re-appointment of a GEM Listing Committee Member is not permitted on the Growth Enterprise Market.

Rule 3.26 of the GEM Listing Rules has been amended to permit the immediate re-appointment of GEM Listing Committee Members pending the implementation of the recently announced proposed structures concerning listing matters.

The rule change comes into effect on 8 May 2002.

Yours faithfully,
For and on behalf of
The Stock Exchange of Hong Kong Limited

Karen Lee
Head of Listing, Regulation and Risk Management

The amendments to the relevant section of the GEM Listings Rules have been marked-up for your reference, please click here to see the amendments to the respective chapters.