XN000022-1991-08-13 — Page 7

TUESDAY, AUGUST 13, 1991

INTEREST ON TAX RESERVE CERTIFICATES

THE FINANCIAL SECRETARY HAS AUTHORISED A DECREASE IN THE RATE OF INTEREST PAYABLE ON TAX RESERVE CERTIFICATES.

AS FROM TOMORROW (WEDNESDAY), THE NEW ANNUAL RATE OF WILL BE SIX PER CENT (TAX FREE) AS AGAINST THE CURRENT RATE PER CENT (TAX FREE).

INTEREST OF 6.60

THE CHANGE WAS STATED IN A LEGAL NOTICE PUBLISHED IN THE GAZETTE YESTERDAY (MONDAY).

INTEREST ON TAX RESERVE CERTIFICATES IS CALCULATED IN MONTHLY STEPS AND THE NEW RATE WILL BE $0.50 PER MONTH PER 100,

INTEREST WILL BE CREDITED AS BEFORE IN RESPECT MONTHS BETWEEN PURCHASE AND SURRENDER IN PAYMENT OF TAX.

OF COMPLETE

INTEREST IS ONLY CREDITED WHEN CERTIFICATES ARE USED ΤΟ PAY TAX AND NO INTEREST IS DUE WHERE THE PRINCIPAL VALUE OF A CERTIFICATE IS REPAID BY A CHEQUE.

THE NEW RATE WILL APPLY TO ALL CERTIFICATES ISSUED ON OR AFTER TOMORROW (WEDNESDAY).

CERTIFICATES WHICH WERE ISSUED BEFORE TOMORROW WILL CONTINUE TO EARN INTEREST AS FOLLOWS:

7.32 PER CENT

7.80 PER CENT

8.28 PER CENT

7.80 PER CENT

7.32 PER CENT

6.84 PER CENT

7.08 PER CENT

8.04 PER CENT

7.56 PER CENT

PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER FEBRUARY 15, 1989 AND BEFORE MARCH 8, 1989;

PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER MARCH 8, 1989 AND BEFORE MARCH 22, 1989;

PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER MARCH 22, 1989 AND BEFORE JUNE 22, 1989;

PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER JUNE 22, 1989 AND BEFORE JULY 12, 1989;

PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER JULY 12, 1989 AND BEFORE AUGUST 9, 1989;

PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER AUGUST 9, 1989 AND BEFORE MARCH 7, 1990;

PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER MARCH 7, 1990 AND BEFORE APRIL 4, 1990;

PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER APRIL 4, 1990 AND BEFORE AUGUST 15, 1990;

PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER AUGUST 15, 1990 AND BEFORE OCTOBER 24, 1990;

/7.08 PER CENT