TNAG-0638-FCO40-786-Supplies-of-electricity-for-Hong-Kong-1977 — Page 22

GR 65

IMMEDIATE

DESKBY 151200Z

CYPHER CAT A

FM BTC HONG KONG 150805Z

CONFIDENTIAL

CONFIDENTIAL

INDEX

4KK 164/1-35

19 DFC W

NOPAR

2 on Taken

273

DESKBY 151200Z

TO IMMEDIATE E C G D TELNO EXCED 37 OF 15 DECEMBER 1977.

FOR COTTERIL AND KEMP FROM FOXALL.

1. AGREEMENT REACHED HERE PM WEDNESDAY ON SPREAD OF 1.85 PERCENT FOR FULL PERIOD OF LOAN.

2. WARDLEYS SHOULD MAKE FINANCIAL OFFER TO CLP SHORTLY BEFORE EXPECTED SIGNATURE OF LETTER OF INTENT AT 5PM TODAY (THURSDAY). IT IS VITAL THAT THIS REMAINS CONFIDENTIAL.

MARCH

EXCED DISEN.

HK & GD

TRED

MR.STRATTON

CONFIDENTIAL