XN000022-1995-03-29 — Page 3

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FS: It's very clear: the transitional budget is the 1997-98 Budget. Actually, it has been very clear from the start what we were talking

about.

Question: But this doesn't solve (inaudible) I mean (inaudible) the problem this morning (inaudible)

FS: I don't think anyone would talk about threats in this one. We had thought it was clear what the discussions were about and apparently there emerged at a rather late stage some uncertainties, and I am very glad those have been resolved. I'm not going to dwell on the uncertainties. I think the main thing is to get on with it and have good talks.

Question: But Donald Tsang had been supposed to go to Beijing this afternoon but can you say that he's delayed his trip to Beijing today?

FS: Well, I don't know exactly what flight he is catching but he is certainly going today and he will be there in time for the talks, that's the main thing.

Question: So there was a delay?

FS: I think JLG Officers had better answered that question. I don't know which flights they are actually going on.

Question: When did you discover the problem - till this late afternoon?

FS: Only rather recently, I understand. Obviously, I've been in there only rather recently.

Question: You mean today?

FS: Of course today, yes.

Question: This afternoon?

FS: This afternoon. Thank you very much indeed.

End/Wednesday, March 29, 1995