TNAG-2693-FCO40-3896-Meetings-and-calls-on-Alastair-Goodlad--Minister-of-State-fo-1993 — Page 5

The company's justification for the Hong Kong Government dealing only with Cheung Kong and granting exclusive property development rights in association with the railway, rather than seeking competitive tender;

- How a connection can be made to the airport railway, as proposed by Cheung Kong when no station will be built at Cheung Sha Wan as part of the initial airport railway system.

I hope the above is helpful. It appears that the ball is now firmly in Cheung Kong's court.

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ALASTAIR GOODLAD