TNAG-1769-FCO40-2523-Hong-Kong-mergers-involving-banks-and-other-financial-instit-1988 — Page 192

MAR.12 '88 12:40 CLIFFORD CHANCE

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5. Peter Allenstein (Staff Representative)

6.

Thomas Mein (Staff Representative)

P.020

who have all been informed about the convention and the purpose

of this meeting, no one appeared.

Mr Kaul took the chair of the meeting pursuant to section 17

subsection 1 sentence 2 of the Articles of Association and opened

the meeting at 12.03 hours.

By presentation of the register of shareholders and the list of

participants, which is enclosed as

Annex 1

to these minutes. the Chairman stated that *11 aharahatdore

the company are being represented. Accordingly, the meeting is

capable of passing resolutions since it has been evidenced that

the entire capital is represented.

Thereafter, all appearers declared :

We shall hold today the 12th

Extraordinary Shareholders' Meeting

of

គ

Deutsche Bank (Asia) Aktiengesellschaft.

with

QUAVḍution of the meeting in accordance with the Law ana the

Articles of Association has not taken place. However, wa are

#grocable

the conducting of this shareholders' meeting

without complying with the formalitico provided by law and by the

Articles of Association with reference to the convention of this

meeting and by

by waiving all notices and formal requirements

provided under Law and the Articles of Association,

Furthermore,