Singapore legislation

Regulation 2

of Securities and Futures (Market Conduct) (Exemption for Stabilising Action in respect of Dealings in Notes) (No. 36) Regulations 2004

Regulation 2

Definitions

Amended byS 581/2004 wef 15/09/2004

In these Regulations, unless the context otherwise requires —“Notes” means the 5-year US$ fixed rate guaranteed notes due September 2009 issued by ICBCA (C.I.) Limited for a principal amount of up to US$800 million, which are guaranteed by Industrial and Commercial Bank of China (Asia) Limited;“stabilising action” means an action taken in Singapore or elsewhere by The Hongkong and Shanghai Banking Corporation Limited, or any of its related corporations, to buy, or to offer or agree to buy, any of the Notes in order to stabilise or maintain the market price of the Notes in Singapore or elsewhere.

Definition

“Notes” means the 5-year US$ fixed rate guaranteed notes due September 2009 issued by ICBCA (C.I.) Limited for a principal amount of up to US$800 million, which are guaranteed by Industrial and Commercial Bank of China (Asia) Limited;

Amended byS 581/2004 wef 15/09/2004

Definition

“stabilising action” means an action taken in Singapore or elsewhere by The Hongkong and Shanghai Banking Corporation Limited, or any of its related corporations, to buy, or to offer or agree to buy, any of the Notes in order to stabilise or maintain the market price of the Notes in Singapore or elsewhere.