TNAG-2812-FCO40-4058-Future-of-Hong-Kong-International-Rights-and-Obligations-(IR-1993 — Page 4

CONFIDENTIAL

MDLIAN 1579

PAPER ON IT. WE HAVE CAREFULLY CONSIDERED THE SUGGESTION IN PARAGRAPH 3 OF YOUR TELNO 11. ON BALANCE WE THINK IT MIGHT BE BEST TO AVOID GIVING THE CHINESE SIDE ANY ADDITIONAL LISTS. THE INFORMATION IS MADE AVAILABLE ANYWAY IN THE DISCUSSION PAPERS THEMSELVES.

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LEGAL ADVISERS//MS BARRETT LEGAL ADVISERS//MS BROOKS

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JAIT CONFIDENTIAL