TNAG-1768-FCO40-2522-Hong-Kong-and-the-Multilateral-Investment-Guarantee-Agency-(-1988 — Page 121

CONFIDENTIAL

04 44

MDLOAN. 1331

MEMBER IN THE DEPENDENT TERRITORY SHALL BE EXCLUDED FROM COVER.

ENDS.

HOWE

YYYY

ΜΑΙΝ

48

DISTRIBUTION

50

HONG KONG AGREEMENT RESTRICTED

LIMITED

HKD

HD/FED

RESEARCH (FE)

PUSD

PS/LORD GLENARTHUR

PS/MR EGGAR

MR MCLAREN

MR GILLMORE

ADDITIONAL

2

MR FIFOOT LEGAL ADVISERS

/

MR GRAINGER

(LEGAL ADVISERS)

(IFID, ODA)

NNNN

PAGE

2

CONFIDENTIAL