XN000022-1992-03-05 — Page 2

THURSDAY, MARCH 6, 1992

- 1 -

GOVERNOR VISITS OPENING LEARNING INSTITUTE

* * *

THE

GOVERNOR, LORD WILSON, TODAY (THURSDAY) VISITED THE HEADQUARTERS OF THE OPEN LEARNING INSTITUTE AT TRADE DEPARTMENT TOWER IN MONG KOK.

CHENG

HE WAS MET ON ARRIVAL BY CHAIRMAN OF THE OLI COUNCIL MR HON-KWAN AND DIRECTOR OF THE INSTITUTE PROFESSOR GAJARAJ DHANARAJAN.

DURING THE VISIT, THE GOVERNOR WAS BRIEFED ON STUDENT REGISTRATION, THE STUDENT PROFILE AND THEIR ACADEMIC PERFORMANCE.

ABOUT 17,500 STUDENTS ARE CURRENTLY ENROLLED IN THREE SCHOOLS, WHICH OFFER COURSES LEADING TO DEGREES IN SCIENCE, ARTS, SOCIAL SCIENCE AND BUSINESS ADMINISTRATION.

THE GOVERNOR TOURED THE INSTITUTE'S COMPUTING AND PUBLISHING FACILITIES AND SAW FOR HIMSELF STUDENTS AT WORK IN THE LIBRARY AND

THE LABORATORY.

THE GOVERNOR SAID: "I AM MUCH IMPRESSED BY THE WAY OLI MANAGES TO MAKE SURE THAT ALL THE DIFFERENT LEARNING PACKAGES ARE DELIVERED TO THE RIGHT STUDENTS AT THE RIGHT TIME, ALL OVER HONG KONG."

THE VISIT CONCLUDED WITH A PRESENTATION BY THE DIRECTOR ON THE OLI'S ASPIRATIONS, PLANS PROBLEMS AND POSSIBLE SOLUTIONS.

THE GOVERNOR HAD THE OPPORTUNITY TO DISCUSS THESE ISSUES WITH SOME COUNCIL MEMBERS AND STAFF.

THE GOVERNOR SAID: "THE OLI HAS MADE TREMENDOUS IS CLEARLY MEETING THE DEMAND FOR OPENING LEARNING AMONG ADULTS IN OUR COMMUNITY."

PROGRESS. IT OPPORTUNITIES

TRANSCRIPT OF FS'S PRESS CONFERENCE

THE FOLLOWING IS THE TRANSCRIPT OF THE PRESS CONFERENCE GIVEN BY THE FINANCIAL SECRETARY, MR HAMISH MACLEOD, TODAY (THURSDAY):

-

FINANCIAL SECRETARY:

THANK YOU VERY MUCH. I'D LIKE JUST TO PICK UP A FEW OF THE ISSUES WHICH SEEM TO ME TO MERIT SOME COMMENT OR CLARIFICATION, FIRST THE QUESTION OF THE SIZE OF THE RESERVES WHETHER THEY ARE ADEQUATE, TOO BIG OR WHATEVER. I THINK THE PROBLEM IS, PERHAPS FOR SOME, THAT THE FIGURES SOUND VERY LARGE WHEN THEY ARE LOOKED AT IN ISOLATION. BEAR IN MIND THAT THE

1996-97 OF ROUGHLY 71 BILLION IS IN MONEY OF 1996-97, SO THE FIRST POINT.

IN

FIGURE THAT IS

/THE USUAL ".