International Reserves and Foreign Currency Liquidity
*****************************************************

    The Hong Kong Monetary Authority (HKMA) released today (June 30) analytical data on the Hong Kong SAR's foreign currency reserves and foreign currency liquidity at the end of May 2006 (Annex). These data are published monthly in the Template on International Reserves and Foreign Currency Liquidity in accordance with the International Monetary Fund's Special Data Dissemination Standard.

For further enquiries, please contact:
Ying-ying Cheng, Manager (Press), at 2878 1687 or
Thomas Chan, Senior Manager (Press), at 2878 1480

****************************************************************
     At present, four press releases relating to the Exchange Fund's data are issued by the HKMA each month. Three of these releases are issued to disseminate monetary data in accordance with the International Monetary Fund's Special Data Dissemination Standard (SDDS). The fourth press release, on the Exchange Fund's Abridged Balance Sheet and Currency Board Account, is made in accordance with the HKMA's policy of maintaining a high level of transparency. For the month of June 2006, the scheduled dates for issuing the press releases are as follows:

June 7          SDDS International Reserves
(Issued)        (Hong Kong's Latest Foreign Currency
                 Reserve Assets Figures)

June 14         SDDS Analytical Accounts of
(Issued)        the Central Bank
                (Exchange Fund Balance Sheet Data)

June 30         Exchange Fund Abridged Balance Sheet
                and Currency Board Account

June 30         SDDS Template on International
                Reserves and Foreign Currency
                Liquidity

Ends/Friday, June 30, 2006
Issued at HKT 16:31

NNNN