XN000022-1993-06-28 — Page 12

11

MONDAY, JUNE 28, 1993

WHILE MR GILMORE WILL BE CHAIRMAN, MR PASCUTTO'S CONTRACT AS EXTENDED UP TO FEBRUARY 28, 1994.

TAKING OVER THE POST OF DEPUTY AN EXECUTIVE DIRECTOR WILL BE

AS

THE INTENTION IS FOR MRS LAURA CHA,

AN ASSISTANT DIRECTOR IN THE CORPORATE FINANCE DIVISION OF THE SFC, TO SUCCEED MR PASCUTTO AN EXECUTIVE DIRECTOR AFTER THE LATTER'S EXTENDED CONTRACT EXPIRES FEBRUARY NEXT YEAR.

BEFORE JOINING THE SFC TWO-AND-A-HALF YEARS AGO, MRS PRACTISED LAW WITH AN AMERICAN LAW FIRM IN HONG KONG.

IN

CHA

MR GILMORE JOINED THE SFC AS AN EXECUTIVE DIRECTOR WHEN IT WAS ESTABLISHED IN MAY 1989. HE HAS PREVIOUSLY WORKED IN THE PHILADELPHIA STOCK EXCHANGE AND THE CHICAGO MERCANTILE EXCHANGE.

SALT WATER CUT IN KOWLOON EAST

* * * * *

OWING TO WATERMAINS CONNECTION WORK AT TAI WAN PUMPING STATION, SALT WATER SUPPLY TO MOST PREMISES IN KOWLOON EAST WILL GO OFF FROM 9 AM TO 5 PM ON WEDNESDAY (JUNE 30).

WAN, TUNG HOM, CHUK YUEN,

THE AFFECTED AREAS INCLUDE HONG KONG INTERNATIONAL AIRPORT + KOWLOON HOSPITAL AND ALL THE PREMISES IN HUNG HOM, TO KWA TAU, WONG TAI SIN, LOK FU, KOWLOON CITY, WANG TAU KOWLOON TONG, MA TAU WEI AND MA TAU KOK.

WATER STORAGE FIGURE

STORAGE IN HONG KONG'S RESERVOIRS AT 9 AM TODAY (MONDAY) STOOD AT 70.6 PER CENT OF CAPACITY OR 413.573 MILLION CUBIC METRES.

THIS TIME LAST YEAR THE RESERVIORS CONTAINED 441.978 MILLION CUBIC METRES OF WATER, REPRESENTING 75.4 PER CENT OF CAPACITY,

/12