TNAG-1986-FCO40-2819-Presentation-of-UK-policy-on-Hong-Kong-to-the-media-1989 — Page 94

0399C

CONFIDENTIAL

Annex C

The Corporate Structure of the Four Companies/ Consortia Submitting Bids for the Cable TV Licences

Hong Kong Cable Communications Ltd

The Wharf (Holdings) Ltd

28%

Sun Hung Kai Properties Ltd

27%

US West International Holdings Inc

25%

Coditel S A (a 66.2% subsidiary

10%

of Tractabel S A)

Shaw Brothers (HK) Ltd

10%

Hutchison Cablevision Ltd

Hutchison Telecommunications Ltd Cavendish International Ltd

)

-

50%

>

British Telecommunications

(Far East) Ltd

CITIC

1

24%

10%

Swire Pacific Ltd

10%

The Hongkong & Shanghai Banking Corp

6%

Windows Television System

The Company has yet to be incorporated. The proposed

structure is:

Hang Lung Development Co. Ltd.

25%

Honderson Land Development Co. Ltd.

25%

Sun Hung Kai & Co. Ltd.

25%

New World Development Co. Ltd.

12.5%

Metropoliton Film Co. Ltd.

12.5%