XN000022-1986-02-06 — Page 16

THURSDAY, FEBRUARY 6, 1986

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INSIDER DEALING REPORT EXPECTED

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THE INSIDER DEALING TRIBUNAL INQUIRING INTO DEALINGS IN THE SHARES OF INTERNATIONAL CITY HOLDINGS LTD IS EXPECTED TO REPORT TO THE FINANCIAL SECRETARY BETWEEN THE END OF FEBRUARY AND MID-MARCH, A GOVERNMENT SPOKESMAN SAID TODAY (THURSDAY).

HE ADDED THAT AFTER THE SUBMISSION, ANY PERSON SUSPECTED OF BEING A CULPABLE INSIDER DEALER AND FOUND NOT CULPABLE WILL BE GIVEN SEVEN DAYS UNDER SECTION 141 (5) OF THE SECURITIES ORDINANCE TO ELECT NOT TO BE NAMED IN THE REPORT.

+ IT IS ENVISAGED THAT IT WOULD TAKE A FURTHER TWO WEEKS TO HAVE THE REPORT PRINTED FOR PUBLICATION. THE CHINESE VERSION OF THE REPORT WILL BE PUBLISHED AS SOON AS POSSIBLE UPON COMPLETION OF TRANSLATION,+ HE SAID.

THE TRIBUNAL COMMENCED IN NOVEMBER 1984 ITS INQUIRY INTO DEALINGS IN RELATION TO ORDINARY SHARES IN INTERNATIONAL CITY HOLDINGS OR ANY RELATED COMPANIES BETWEEN JANUARY 1, 1984 AND JUNE 30, 1984.

GOVERNOR TO LEAVE FOR LONDON

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THE GOVERNOR, SIR EDWARD YOUDE, WILL LEAVE FOR LONDON ON SATURDAY (FEBRUARY 8) ON FLIGHT CX201, ETD 10.55 PM.

NOTE TO EDITORS.

THOSE

THERE WILL BE A PHOTOGRAPHIC FACILITY FOR MEDIA REPRESENTATIVES TO COVER SIR EDWARD'S DEPARTURE ON SATURDAY EVENING. COVERING THE EVENT SHOULD ASSEMBLE IN THE AIRPORT PRESS CONFERENCE ROOM AT 10.05 PM.

GIS OFFICERS WILL ASSIST.

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