TNAG-2028-FCO40-2890-Hong-Kong-freezing-of-Kuwaiti-and-Iraqi-assets-1990 — Page 79

ROM: BAR INGS H K

(MON) 8.13.'90 16:28 NO.2881210918 PAGE

Baring International Asset Administration Limited

2.

In addition, we would propose to accumulate investment reports and accounts in safe custody in Hong Kong without remittance to the client or any authority on behalf of the client, until such time as the political and legal position in relation to Kuwait and Iraq becomes clearer and the terms of the current order are amended or revoked.

Please let us know any further information or documentation that you may require.

Yours faithfully,

Reschke

Richard Chenevix-Trench

Director

Baring International Asset Administration Limited.

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