1991-02-08 15:02 BRITISH TRADE COMMISSION

LIS (Cont'd)

4

852 645 2870 P.22

LEP International Ltd

Labtest Hong Kong Ltd

Iskraft Tutarnational Trad

Lambert Brothers Insurance Brokers Lid Lantor HK Lid

Lazard Asia Asset Management Lid Lever Brothers China Leyland Bus HK Lid

Lilley Cobstruction Hong Kong Lid Lloyds of London Press (FE) Logica Technology Services Ltd Longman Group FE Ltd

MDA HK Lid

MIM Asia Ltd

M&S Shipping FE Ltd

MSL Pacific MTM FE Lid

M W Marshall HK Ltd

MVA Asia Lid

Mandarin Publishers Ltd Marks & Spencer Asia Ltd Marks & Spencer FE

Marks & Spencer HK Branch Mouchel Asia Ltd

Maxwell Communication HK Mitchell Cott & C(FEL Midland Montagu Asia Ltd Mirrlees Blackstone (Stockport) Ird Morgan Grenfell HK Lid

N M Rothschild & Son (HK) Ltd Newey (HK) Ltd

Norman Broadbent (HK) Ltd Newey & Eyre HK Lid

LEP Group Plc Inchcape Ple

MDA Group Plc

MIM Britannia Int'L M&S Shipping

MVA Consultancy Group Ltd

Reed International Plc Marks & Spencer Ple Marks & Spencer Plc

Marks & Spencer Pic

LG Mouchel & Partners Ltd Maxwell Communication Corp Suter Plc

Midland Bank Plc

Mirrlees Blackstone (Stockport) Ltd Morgan Grenfell Group Plc

100%

100%

Inchcane Plc

100%

Lowndes Lambert Group Holdings

100%

Tootal Group Plc

100%

Lazard Brothers & Co Lid

100%

Unilever

100%

Volvo Holdings GB Ltd.

100%

Dilley Construction Ltd

10007

Lloyds of London Press

100%

Logica Fic

100%

Pearson Ple

100%

100%

100%

100%

MSL Group Int'l Ltd

100%

MTM Plc

100%

(Marlborough Technical Management FE Lrd) V W Marshall & Company Lid

100%

100%

100%

100%

100%

100%

19070

100%

100%

100%

100%

100%

NM Rothschild & Son Ltd

100%

Newey Group Ltd

100%

Norman Broadbent inti Lid

100%

RTR Plc

100%

Noigion Martonair 11K Ltd

IM! Pla

1009

Norgren Martonair Pacific Ltd

IMI Plc

100%

Northern Development Company FE LiaisoNDC

Office

100%

Norwich Winterthur Insurance (Int'l) LN

Norwich Winterthur Holdings Ltd.

100%

Orchard (CD) Lid

Oxford University Press

Photo Me Development HK Ltd Pilkington Asia

Polly Peck Int'l (Hong Kong) Lid Portals Water Treatment (HK) Ltd Posford Duvivier Lid Price & Pierce (HK) Lid

Photo Me International Pilkington Ple

Pally Peck Int'l Pic

Portals Holding Ple

Paxus Professional Systems Lid Oxford University Press.

100%

100%

100%

100%

100%

100%

Posford Duvivier Ltd

100%

Price & Pierce Holdings

100%

who are in turn owned by

Ibstock Johnson Plc

Primpoint Investment Ltd

Quest International HK LA

Beazer Plc

100%

Unilever

100%

24

TOTAL P.22

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