CONFIDENTIAL

51257 1

-

THE TIME WE APPROACH THE ccc. WE SEE VALUE IN THIS AND AGREE

WITH YOU THAT THE COMMISSION ARE LIKELY TO BE GENERALLY HELPFUL.

BUT BECAUSE THE COMMISSION HAVE NO STANDING IN THE CCC WE THINK

THERE IS A SLIGHT RISK THAT THE CHINESE WOULD BE IRRITATED BY

THE INVOLVEMENT OF A PARTY UNRELATED TO THE CCC. WE WOULD

THEREFORE WISH TO DELAY ANY INFORMATION EXERCISE WITH THE

COMMISSION UNTIL AFTER WE HAD APPROACHED THE CCC. GRATEFUL

THEREFORE IF YOU WOULD TAKE NO ACTION UNTIL WE GIVE THE GO

AHEAD.

HOWE

OCMIAN 1257

HONG KONG AGREEMENT: RESTRICTED

LIMITED

HD/HKD

HO/ELD (E)

HD/FED

RESEARCH D. (FE)

DEP.HD/PUSD

PS/MR RENTON

COPIES TO:

MR FIFOOT, LEGAL ADVISERS ms J. HEALD, HMCE,

KINGS BEAM HOUSE

MR MCLAREN

MR GILLMORE

2

CONFIDENTIAL

Share This Page