1

1

for th

RTIFICATE

DIRECT

he

DIT

on the acco its of

HE EXCHANGE FUND

ended 31 December 1987

I have examined the attached Balance Sheet and the accompanying Income and Expenditure Account, Accumulated Surplus Account, Exchange Equalisation Reserve Statement and Investment Equalisation Reserve Statement in accordance with the provisions of Section 7 of the Exchange Fund Ordinance (Cap. 66). I have obtained all the information and explanations that I have required and I certify as a result of my audit that in my opinion the attached Balance Sheet and the accompanying

statements are correct.

Audit Department,

Hong Kong,

5 August 1988.

fattend

(R. J. Hutt )

Acting Director of Audit

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