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STOCK EXCHAN41 OF AINSAPORK LIMITED
FROM GAIT18N - AMIRICAN 709A440 COMPANY
(SIN4APORE) LIMITED
AN ARTICLS IN IU41NK22 TINS$ - JULY tOs 1991
WX MWIA'TO SUGIN926 TZMXI1 ARTICLE "$AT PLAN$
JOINT VKHTUAR WITH
YIXT TOIACCO GZANT11 4F JYLY 10% t9qte
PLEASE at AD92460 THAT TWX HIMORANDUM OF
UNDRAITANDING AVERRED TO IN
THR ASOVZ ART24LI WAS #Z4NR0 IV UN 1AA20
INITHM-AMERICAN TOSACCO
COMPANY LIMZTID C11947401I)i WHICH HOLDS 40%
INTKRGST IN
501TION-ANgRZOAN T*IACCQ COMPANY (IZHUPON93
LIMZT9A V I 9ATQ) I I)
IAT(03 IS TWEAKFORR NOT A PARTY TO THR MEMORANDUM
-OF UN09NITANDIN4.
SIMILARLY IATCO :2 THIK COMPANY WRICH 15 CURRSNTLY
LOOXIN4 INTO
INYKSTM9NT OPPOATUNZ7194 ZM CAKAQD:A AND NVANMARG
FOR YOUR ZNF*AMAT:ONt INS SUIINSIS INTIA991. OF
IA?C1) IN VIVNAM 19
LIMATS0 TO TH9 TRADING OF T"ACCO-ARLATIO P041YOTS.
AXIAADI
M Y Y MAN
COMPANY ISCARTARY
to JULY tqq1
Stme A911432
SIMIL 4824146
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BAT Industries document for Province of British
Columbia 23 April 1999