5. IN LIGHT OF THIS, DAVIDSON IS ASKING GEC IN UK TO PUT OUT A PRESS RELEASE AT 1100 GMT 2 JANUARY. WE HAVE AGREED THAT WE SHALL BE BOUND BY THE TERMS OF THIS PRESS RELEASE AND YEANWHILE RESPOND AS FOLLOWS TO PRESS ENQUIRIES:
LINE TO TAKE WITH PRESS
6. CONFIRM THAT, AS ANNOUNCED BY VICE-PREMIER LI PENG ON 1 JANUARY, AGREEMENT ON PRICE HAS BEEN REACHED BETWEEN GEC AND GMP JVC.
A PRESS RELEASE WILL BE ISSUED BY GEC AT 11CC GMT 01 2 JANUARY
IN LONDON.
7. SUPPLEMENTARIES (IF PRESSED):
A) PRICE:
A MATTER FOR GEC.
B) CONTENTS OF MOU ALREADY SIGNED?
ALSO A MATTER FOR GEC.
C) GOVERNMENT MOU?
GOVERNMENT TEAM WILL RECOMMENCE TALKS TO FINALISE FINANCING TERMS AND CONDITIONS LATER THIS WEEK.
C) NEXT STEPS?
DISCUSSIONS WILL BE CONTINUED IN SHENZHEN WITH THE AIY OF AGREEING A FORMAL LETTER OF INTENT IN THE NEXT FEW MONTHS, WITH CONTRACT SIGNATURE LATER IN THE YEAR.
EVANS
GUANGDONG
[COPIES SENT TO NO 10 DOWNING STREET]
LIMITED
FED
ADDITIONAL DISTRIBUTION GUANGDONG NUCLEAR
PS
NED
TRED
HKD
PUSD(MR CROWLEY) WED
PS/MR RENTON PS/PUS
SIR W HARDING MR DAUNT
MR WILSON
COPIES TO:
DTI
ASHDOWN HSE.
CONSENTIAL
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