FMENT HOUSE HONG KONG

FRI 20 APR 93 09:16

P6.08

Crisis

I would urge you to help avert a quite unnecessary by, at the very least, giving us a much clFACE? indication OI the situation. What is the time frame for the decision making? Can we be assured that the package will include a revised SPOS System as

as a well scheme

traditional lines on

including the

compensation Light to retire and a sterling guarantee that will fairly protect the value of tensions? If we know that the right answers were coming there would be no great problem about

waiting

little longer.

it has been only that Indeed beljer which has kept things quiet. so far. However, fully one year hat

lact round amul there is elapsed since, the

a

absolutely nothing on the table. It is no longer credible for the committee to argue that HMG is distracted by more All that is required is a simple rubber

of methodology long-established

pressing

Mamp

issues.

endorscmcnt

numerous precedent cases.

in

I lock forward to an early response.

CC

Mr Martin Dinham

Your ever,

العيد

Michael

(M D Cartland)

Chairman

HMOCS

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