11 FEB '92 10:17 ODA LONDON FAX: 071 917 0219
ASIAN DEVELOPMENT BANK Office of the Executive Director
for Austria, Germany, Turkey and United Kingdom No. 6 ADB Avenue Mandaluyong, Metro Manlia, Philippines
Telaphoma: (62 2)623 6076
Τυ Attention Fax No. Country From Ref. No. Page 1 of Date
Re
Dear Jennifer,
1.
2.
3.
Fan No. (63 a)63a erST
FACSIMILE MESSAGE
Overseas Development Administration
Mrs. Jennifer Radice, IFID
00-44-71-917-0219
London, United Kingdom,
飛
Dr. Heinz Bühler, Executive Director ODA-24
1 page
11 February 1992
Yr fax of 10 February 1992
British Embassy confirmed that they had received MODEV 1 of 07.02.1992 yesterday and they gave us the background figures by phone today.
I discussed figures with staff from Treasurer's Department, Situation is as follows:
Figures in Annual Report 1990 of US$120,613,000 were calculated on basis of exchange rate $/SDR of 1.42265 as of 31 December 1990
Number of shares is correctly stated with 8,478 callable shares The figure or US$95,990,000 as computation of the dollar values auring conclusion of GCI 1 and 2 or GCI 3 is not the one used by the Bank and does not reflect the present liabilities of Hong Kong
Callable capital/Hong Kong liabilities as of 31 December 1991 would be US$121,270,000 on basis of exchange rate $/SDR of 1.43043
(rounded down home 121,271,850.
JCR)
i nope that you get inis inio on time for the rariamentary nearing, i lease commïiin receipt to us.
For infor
4.
Vice-President
It seems that VP Schulz had met Mr. Macleod, Financial Secretary of Hong Kong Government, in early November 1991, who asked him whether HK ADF vi payments could be advanced to a date before 1997. VP Schulz told him that there was no problem with this.
Regards,
Bühler
P.2