particular attention and that was the three and a half months photographic exhibition which was put on by the Society in conjunction with the very helpful Antiquities and Monuments Office. This exhibition, covering many aspects of Hong Kong history with a fine array of photographs from the Society's archives and other sources, ran for three months. It attracted a great deal of publicity in the Chinese and English press, radio programmes and United Press International also beamed a release around the world, not just about the exhibition but also about heritage and local history in Hong Kong in general. I would like to thank the staff of the Recreation and Culture Department of the Hong Kong Government, and particularly its Secretary, Mr. T.H. Chau, for making this all possible, those who lent photographs for the exhibition, Mrs. S. McGrady, Mr. Colin Gimson, Mrs. P. Alway, Mr. Brian Pearce and Mrs. Elaine Marden, and even more particularly Dr. Dan Waters. Without Dan's drive and enthusiasm it is doubtful if the Exhibition would ever have got off the ground, but it did and we owe him a huge vote of thanks.

The Exhibition was such a great success that we do hope that it will be possible to run similar events.

I have dwelt for sometime on the activities of the Society deservedly so since they play a very important and prominent part in the Society's affairs. However there are other activity areas which are important for us to note and acknowledge. Firstly there is the library. Under the capable guidance of Ms. Julia Chan, our Librarian, it continues to flourish: she will report separately to you. Secondly, there is the administration of our finances, by our Treasurer, Mr. Robert Nield; he will be reporting to you separately later in detail. However, well as the finances are run, and they are in a sound position, even he cannot manufacture income from nothing and escape from the ravages of inflation. Subscription rates have not been raised since 1993 and you will note therefore that we are recommending a rise in rates with effect from 1 January 1997.

Lastly I would like to convey our thanks to those who keep this very interesting Society together, to all Council members, particularly to the two Vice-Presidents, Reverend Carl Smith and Dr. Elizabeth Sinn; Mrs. Anita Wilson for co-ordinating the all important Newsletter and last but not least our Assistant Secretary, Mrs. Claire Hockaday.

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