Apology

Apology to Temasek Holding (Private) Ltd and members of the Board of Directors of Temasek.
September 15, 2005

1. On 19 August 2005, we published an article ("the Article") entitled "RBS, Merrill and KS Li buy into BOC" on our website at www.financeasia.com where we described Temasek Holding (Private) Ltd ("Temasek") as "the Lee family trust".

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