XN000022-1988-09-19 — Page 3

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MONDAY, SEPTEMBER 19, 1988

HE HAD WORKED IN INDIA BEFORE JOINING THE LARGE

COMPANY UNILEVER IN 1959.

MULTI-NATIONAL

WITH UNILEVER, HE HAS WORKED MAINLY IN NIGERIA IN A NUMBER OF SENIOR POSTS BEFORE TAKING UP HIS PRESENT POSITION IN 1982 AS DEPUTY CHAIRMAN OF U.A.C. OF NIGERIA, WHICH IS A LARGE CONGLOMERATE OF 12 COMPANIES WITH 8,000 EMPLOYEES, INVOLVED IN A VARIETY OF MANUFACTURING AND COMMERCIAL ACTIVITIES.

MR MATHERS IS MARRIED WITH THREE GROWN-UP CHILDREN.

MR MATHERS IS EXPECTED TO ARRIVE IN HONG KONG ON FEBRUARY 1 BECOME MANAGING DIRECTOR AND CHAIRMAN (DESIGNATE) AND WILL TAKE HIS APPOINTMENT AS THE CHAIRMAN OF THE CORPORATION FROM APRIL 1.

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PROPOSALS INVITED FROM INTERESTED PARTIES ON CABLE TV

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THE GOVERNMENT TODAY (MONDAY} INVITED PARTIES INTERESTED IN BUILDING AND OPERATING A CABLE NETWORK AND CABLE TV BROADCASTING SERVICE IN HONG KONG TO SUBMIT PROPOSALS.

A GOVERNMENT SPOKESMAN SAID THAT INTERESTED PARTIES WOULD HAVE UNTIL FEBRUARY 28, 1989 TO MAKE THEIR PROPOSALS.

"THIS INVITATION TO SUBMIT PROPOSALS IS BEING MADE WORLDWIDE, AND THE GOVERNMENT WOULD WELCOME PROPOSALS FROM PARTIES OVERSEAS AS WELL AS IN HONG KONG, HE SAID.

"

THE SPOKESMAN POINTED OUT THAT ANY PROPOSALS MADE MUST COVER BOTH THE LICENCE TO BUILD AND OPERATE THE CABLE NETWORK AND THE LICENCE TO RUN A CABLE TV BROADCASTING SYSTEM.

FOR

"WHILE TWO OR MORE DIFFERENT PARTIES COULD MAKE PROPOSALS HOLDING THE INDIVIDUAL 15-YEAR LICENCES SEPARATELY, THEY WOULD RE EXPECTED TO FORM A JOINT VENTURE AND ENSURE THAT THEIR PROPOSALS COVER BOTH LICENCES," HE SAID,

"PARTIES WHOSE PROPOSALS ARE ACCEPTED BY THE BE INVITED TO APPLY FORMALLY TO THE GOVERNMENT FOR TO OPERATE THE NETWORK AND BROADCASTING SERVICES."

GOVERNMENT WILL 15-YEAR I KCTICES

/GOVERNMENT HAS