TNAG-1487-FCO40-2044-Hong-Kong-banking-Banking-Bill-1986-1986 — Page 238

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(F) GOVERNMENT NOW OWNS THE HANG LUNG BANK AND THE OVERSEAS TRUST BANK (AND THEIR SUBSIDIARIES). GOVERNMENT'S CLEAR AND EXPRESS MINTENTION IS TO SELL THEM BACK TO PRIVATE HANDS AT THE HIGHEST POSSIBLE PRICE. THMING HIS A MATTER OF GOOD COMMERCIAL JUDGEMENT.

YOUDE

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COPIES TO:-

MINIMAL

HID

HONG ITONG GOUT OFFICE

LONDON

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CONFIDENTIAL