SONALITY NOTE

CONFIDENTIAL

SIR YUE-KONG PAO CBE LLD JP

In

Chairman and

Chief Executive of the World Wide Shipping Group.

Hong Kong his interests in property, finance and banking. Born 1918

Zhajiang Province, China.

Educated Shanghai and then went into banking.

Took refuge in Hong Kong in 1949 and entered import/export business. Purchased first ship in 1955 and formed World Wide shipping Group,

now the world's largest independent.

A director of Hong Kong and Shanghai Banking Corporation.

Chairman of Intertanko.

Chairman of Wheelock Marden Group.

Has a joint venture with the Chinese in ship-building and shipping.

Although Sir Y K Pao does not visit Peking frequently, he has

excellent connections

leaders.

and enjoys

considerable

access to Chinese

He visited Peking in May last year when he called on

He was also in Peking in December last year

Chairman Deng Xiaoping.

when the Prime

Prime Minister signed the Hong Kong Agreement. He called

On Chairman Deng Xiaoping again at that time.

3.07

CONFIDENTIAL

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