CONF
CONFIDENTIAL
WILSON
**
YYYY
DISTRIBUTION
71
MAIN
56
.HONG KONG AND SHANGHAI
.BANKING CORPORATION
HKD
FED
ECONOMIC ADVISERS
NEWS D
ECD (I)
ERD
PS/MR GOODLAD PS/MR GAREL-JONES
PS/PUS
SIR J COLES
MR CROWE
MR BURNS
MR BONE
MR JAY
PS
017265 MDLIAN 6524
ADDITIONAL
15
HMT//PS/CHANCELLOR
HMT//SIRT BURNS
HMT//SIR N WICKS
HMT/MRS LOMAX
HMT//MR GIEVE
HMT//MR GRAY
HMT//MR MCINTYRE
BANKE//DEPUTY GOVERNOR
BANKE//MR CROCKETT
BANKE//MR QUINN
DTI//PS/S OF S TRADE&INDUSTRY
DTI//SIR P GREGSON
DTI//DR C BELL
PS/PM
NO 10//SIR P CRADOCK
NNNN
PAGE 2 CONFIDENTIAL