CONFIGINTIAL
5. IN LIGHT OF THIS, DAVIDSON IS ASKING GEC IN UK TO PUT OUT A PRESS RELEASE AT 1100 GMT 2 JANUARY. WE HAVE AGREED THAT WE SHALL BE BOUND BY THE TERMS OF THIS PRESS RELEASE AND MEANWHILE RESPOND AS FOLLOWS TO PRESS ENQUIRIES:
LINE TO TAKE WITH PRESS
6. CONFIRM THAT, AS ANNOUNCED BY VICE-PREMIER LI PENG ON 1 JANUARY, AGREEMENT ON PRICE HAS BEEN REACHED BETWEEN GEC AND GMP JVC.
A PRESS RELEASE WILL BE ISSUED BY GEC AT 11CC GMT ON 2 JANUARY
IN LONDON.
7. SUPPLEMENTARIES (IF PRESSED):
A) PRICE:
A MATTER FOR GEC.
B) CONTENTS OF MOU ALREADY SIGNED?
ALSO A MATTER FOR GEC.
C) GOVERNMENT MOU?
GOVERNMENT TEAM WILL RECOMMENCE TALKS TO FINALISE FINANCING TERMS AND CONDITIONS LATER THIS WEEK.
C) NEXT STEPS?
DISCUSSIONS WILL BE CONTINUED IN SHENZHEN WITH THE AIM OF AGREEING A FORMAL LETTER OF INTENT IN THE NEXT FEW MONTHS, WITH CONTRACT SIGNATURE LATER IN THE YEAR.
EVANS
GUANGDONG
LIMITED
FED
NED
TRED
[COPIES SENT TO NO 10 DOWNING STREET]
PS
ADDITIONAL DISTRIBUTION GUANGDONG NUCLEAR
COPIES TO:
ASHDOWN ASE.
HKD
PUSD(MR CROWLEY) WED
PS/MR RENTON PS/PUS
SIR W HARDING
MR DAUNT
MR WILSON
DTI
CONSENTIAL