TNAG-2475-FCO40-3605-Hong-Kong-exchange-fund-report-and-accounts-for-1991-1992 — Page 100

CONFIDENTIAL

0251

MDLOAN 1259

YOUR FURTHER COMMENTS ON THIS ASPECT, AND ON THE NEED FOR AN EARLY DECISION TO GO AHEAD.

HURD

YYYY

ΜΑΙΝ

20

DISTRIBUTION

27

.HK CONFIDENTIAL FINANCIAL

.(DIALOGUE)

SINGLE COPIES

HKD//HD

PUSD//HD

ECONOMIC ADVISERS//HD ERD//HD

FED//HD

RAD//MR WYE

PS

PS/LORD CAITHNESS

PS/PUS

SIR J COLES

MR BURNS

ADDITIONAL

7

SIR P CRADOCK NO 10.

MR WIGHTMAN CABINET OFFICE MR A CROCKETT BANK OF ENGLAND MR C ELSTON BANK OF ENGLAND MR O PAGE BANK OFENGLAND

MR P GRAY HMT

MR J P MCINTYRE HMT

NNNN

PAGE 2 CONFIDENTIAL