Directors' Interests

The interests of Directors and their associates. (as defined by the Securities [Stock Exchange Listing] Rules 1986). in the share capital of the Company at 30th June, 1988 are set out below:-

Mr. F.D.R. Bottomley

Mr. N.K. Chan

Sir Oswald Cheung

Mr. Joseph E. Hotung Mr. Sydney S.W. Leong

Mr. N.A. Rigg

No. of Ordinary Shares of $1 each

Type of Interest

25,000

Beneficial

45,534

Beneficial

10,000

Beneficial

111,000

Beneficial

179,909

Beneficial

2,497

Beneficial

In addition, Messrs. F.D.R. Bottomley, Simon Murray, N.A. Rigg, E.H. Welsh and E.L.Y. Yee each held one share in The Hongkong Electric Company, Limited on trust for the Company, and Mr. E.L.Y. Yee held one share in Hongkong Electric Fund Management Limited on trust for the Company.

Hong Kong, 23rd August, 1988.

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