TNAG-2306-FCO40-3340-Future-of-Hong-Kong-stock-market-and-exchange-rate-1991 — Page 96

12 DEC. '90 17:05

LINKLATERS & PAINES 852 8107021

LINKLATERS & PAINES) P. 10

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17. The

18.

19.

20.

21.

22.

23.

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offeror'g

public float

Rules.

intention, if any, to continue to meet the requirements of rule 8.08 of the Listing

and

The highest

lowest closing prices on the Stock Exchange for the shares to be repurchased, with relevant dates, for each month during the six month period immediately preceding the announcement in relation to the proposed share repurchase.

The last recorded Stock Exchange price for shares to be repurchased :

(a) on the last business day immediately preceding the date of the announcement in relation to the proposed share repurchase;

(b) on the last business day immediately preceding the

date of publication of the offer document; and

(c) on the last business day of each of the six calendar months immediately preceding the date of the announcement in relation to the proposed share repurchase.

If any shares of

the class of shares to be repurchased were issued during the two year

year period immediately preceding the date of the offer, state the date of such distribution, the issue price per share and the aggregate proceeds received by the offeror.

State the number and price of shares of the offeror that were repurchased by the offeror during the 12 month period preceding the date of the offer document and the dates on which such repurchases were made.

Provide copies of the offeror's audited annual consolidated accounts for its two most recently completed financial years together with any interim accounts published during the current financial year prior to the date of the offer document and the corresponding interim accounts for the previous year.

General information on the trend of the business of the offeror since the date to which the offeror's most recent audited accounts are made up.

Description as to the financial and trading prospects of the offeror for at least its current financial year together with any material information in relation thereto including material

material changes in the offeror's financial or trading position

position since publication of its most recent audited accounts.