COST OF HONG KONG INCENTIVE PAYMENTS BY YEAR

ANNEXE C

YEAR

"MAXIMUM" COST (Em)

"PROBABLE" COST

(£m)

1997

10.8

(666)

7.8

(480)

1998

5.1

(635)

2.7

(335)

1999

4.9

(605)

2.4

(294)

2000

4.7

7

(579)

1.9

(234)

2001

4.3

(529)

1.7

(211)

2002

4.0

(495)

1.3

(157)

2003

3.6

(445)

1.1

(134)

2004

3.2

(399)

0.8

(98)

2005

3.0

(365)

0.5

(65)

SUB-TOTALS

43.6

20.2

NOTES

1. 20% of incentive payments are due in 1997; 10% instalments thereafter.

2. The bracketed numbers represent the estimated numbers of Officers in post

for each year.

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