Footnotes:

(1) ·

CONFIDEN

INFIDENTIAL 1X TU

51

US$ equivalent values in any year are calculated on the basis of the average for the year of the daily closing exchange rate quotations, as listed below:

HK$/US$-

1952

}

}

5.714

}

1966

)

1967

5.753

1968

6.060

}

1970 }

1971

6.047

1972

5.615

1973

5.150

1974

5.077

1975

4.940

1976

4.904

1977

4.662

1978

4.685

1979

5.003

1980

4.976

1981

5.593

1982

6.072

G.F. 326

CONFIDENTIAL # 2

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