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MDLOAN 1390

WITH IT DESCRIBED ABOVE. THE ARRANGEMENTS WILL NEED TO BE WORKED THROUGH CAREFULLY BETWEEN OUR RESPECTIVE EXPERTS: BUT WE THINK THAT THE OPTION DESCRIBED OFFERS SUFFICIENT PROMISE FOR IT TO BE PURSUED THOROUGHLY. WE SUGGEST THAT EXPERTS SHOULD MEET AS SOON AS POSSIBLE TO SEE HOW THIS SCHEME OR A VARIANT OF IT

MIGHT BE DEVELOPED IN A MUTUALLY ACCEPTABLE WAY.

7. GRATEFUL FOR YOUR PRELIMINARY VIEWS ON THE PROPOSAL OUTLINED ABOVE AND FOR AN INDICATION OF WHEN IT WOULD BE CONVENIENT FOR YOUR EXPERTS TO COME TO LONDON FOR TALKS.

HURD

YYYY

MAIN

17

LIMITED HKD

ADDITIONAL

3

DISTRIBUTION

20

MR MCLAREN

MR BURNS

J KERBY ESQ, ODA, LONDON D FISH ESQ, ODA, (EAST KILBRIDE)

S REW ESQ, TREASURY

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