XN000022-1997-02-25 — Page 9

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Leveraged Foreign Exchange Arbitration Panel appointed

The Financial Secretary has re-appointed Mr Frank K S Wong, Regional Managing Director, Greater China and Global Financial Markets, Asia Pacific of NatWest Markets and Mr Anthony K T Yuen, Senior Vice President and Regional Treasurer of the Bank of America, respectively as the Chairman and Deputy Chairman of the Leveraged Foreign Exchange Arbitration Panel, a spokesman of the Financial Services Branch announced today (Tuesday).

The following persons have also been re-appointed as members of the panel:

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Mr Alan Chan Ka Wah, Senior Manager of Banque Nationale de Paris Mr Chu Lap Ying

Mr Raymond H M Kong, Deputy Treasurer of Banque Indosuez

Mr Davy Kwan Kwok Ki, First Vice President of International Bank of Asia

Mr Lam Yim Nam, Deputy General Manager of Kwangtung Provincial Bank

Mr Tommy Lee Cheuk Shun, Deputy Regional Managing Director, Financial Market, of Schroders Asia Ltd.

Mr Anthony Nagi Mo Hung, First Vice President of Union Bank of Switzerland

Mr Joseph Y W Pang, Executive Director & Deputy Chief Executive of Bank of East Asia

Mr Stefan F Stosik, President & Chief Executive of Euro Yagi Martin Ltd.

Mr T H Suen, Foreign Exchange Manager of Citibank

Mr Ronald Tam Po Chiu, Assistant General Manager of Wing Lung Bank Ltd.

Mr P S Tam, General Manager, Treasury, of Dao Heng Bank

Mr Jimmy Tong Kwok Hung, Assistant General Manager of Hang Seng Bank Ltd.

Mr Andrew Tsai, Executive Director of Morgan Stanley Asia Ltd.

Mr Wong Fook Yuen, Treasury Director of N M Rothschild & Sons (HK) Ltd.

Mr Yiu Park Chow, Treasury Manager of HSBC Investment Bank Asia Ltd.