XN000022-1992-12-05 — Page 2

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STATEMENT ON OTB

SATURDAY, DECEMBER 5, 1992

A GOVERNMENT SPOKESMAN GOVERNMENT HAS

AFTER

ANNOUNCED

TODAY (SATURDAY) THAT THE TAKING INTO ACCOUNT THE ADVICE OF JARDINE

DECIDED FLEMING SECURITIES LTD,

TO PROCEED WITH THE DISPOSAL OF GOVERNMENT'S INTEREST IN OVERSEAS TRUST BANK LTD (OTB) TO A SINGLE PARTY OR A CONSORTIUM OF PARTIES.

THE SELECTION PROCESS TO DETERMINE THE ULTIMATE BUYER WILL BEGIN SHORTLY.

1.

OF

OTB

INTEREST C/O THE

THEIR THOSE POTENTIAL BUYERS WHO HAVE NOT REGISTERED

EITHER PREVIOUSLY ARE INVITED TO WRITE TO

MR RAYMOND LI,

18 HARCOURT MONETARY AFFAIRS BRANCH, 18TH FLOOR, ADMIRALTY TOWER

MR ALAN SMITH, ROAD, HONG KONG, OR

C/0 JARDINE FLEMING SECURITIES LTD, 46TH FLOOR JARDINE HOUSE, CONNAUGHT ROAD CENTRAL, HONG KONG.

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WINTER PRECAUTION WELL UNDERWAY

* * * * ‡

THE SECOND PHASE OF THE FORCE "WINTER PRECAUTION" DRIVE IS WELL UNDERWAY AND THE FESTIVE SEASONS ANTI-CRIME CAMPAIGN WILL REACH ITS PEAK BY THE MIDDLE OF THIS MONTH, ACCORDING ΤΟ THE COMMISSIONER OF POLICE, MR LI KWAN-HA.

BY THEN THE FORCE WOULD HAVE DEPLOYED THE MAXIMUM NUMBER POSSIBLE OF POLICE OFFICERS ONTO THE STREETS ON ANTI-CRIME DUTIES.

THE COMMISSIONER MADE THE REMARKS AFTER RECEIVING 30 "THANK YOU" CARDS FROM REPRESENTATIVES OF A SECONDARY SCHOOL IN ΤΑΙ PO IN APPRECIATION OF THE GALLANT EFFORTS PUT IN BY POLICE OFFICERS DURING THE TSUEN WAN OPERATION AND THE KOWLOON CITY JEWELLERY SHOP HOLDUP ON WEDNESDAY (DECEMBER 2).

MR LI SAID THE WINTER ANTI-CRIME DRIVE HAD COMMENCED FROM THE MIDDLE OF NOVEMBER WHEN STREET PATROLS BOTH BY PLAIN-CLOTHES AND UNIFORMED OFFICERS WERE STEPPED UP, IN ADDITION ΤΟ INCREASED CAR PATROLS IN HIGH-RISK AREAS.

LI SAID ANTI-CRIME

AT THE SAME TIME, MR MEMBERS OF THE PUBLIC TO EXERCISE EXTREME CAUTION IN PROPERTY WAS ALSO BE STRENGTHENED.

PUBLICITY URGING SAFEGUARD THEIR

DRIVE RAS JUST

"THE SECOND PHASE OF THE WINTER PRECAUTION BEGUN AND THE CAMPAIGN WILL REACH ITS PEAK BY THE MIDDLE OF THIS MONTH WHEN THE OPTIMAL NUMBER OF POLICE OFFICERS WILL BE DEPLOYED ONTO THE STREETS. ALL THINGS THAT ARE NOT URGENT WILL HAVE TO WAIT," MR LI SAID.

/COMMENTING ON