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U BS REPRESENTATIV E OFFICE LT D .

(INCORPORATE I ~ IN $WITZER LAND)


REPRESEIV TI NG

UBS
~G.
n ion an o w it z e l a n
22nd Floor P.O. Box 61105
Bank of Lisbon Building Marshall town
37 Sauer Street Johannesburg
Johan~ i~;t iijr() South Africa
South ~>fr~;~ 2107

Telephone 836-6401/2
Cables BANK UN lON
Telex 8-7270 SA

Ambassador C. H . B r u g g mann 9 Dec embe r 1 982


Swiss Embassy
P 0 Box 2289 a /a
PRETORIA 0

0001 OQtUfIl

Il ISQ

u. i.

Ref.
Dear Mr. Ambassador,

Dr. Qygax and myself wish to express our gratitude to


you for having received us at the Errbassy and for the

invitation to lunch on 7th December in the conpan of

our attorney, Mr E. Southey.

e do hope that the agreement which we discussed wzt/ i

you will never be put into force.

Your: s i n c Frely

Fron o P. J~.
C onf jd c n t i@i M e m o ~a n d u m

Concern in g t h e p r o c e d u r e s t o b e a dopted b > Union Bank o f


Hi~i t =erl a n d , : u r i c h , wh e n i n s t r u c t i n g Sw i s s Un i o n T r u s t
fog S outh Africa (Proprietarv) Ltd., Johannesburg , to assume
i t s management funct ions and when advi s ing B a relays p
a t jon a l
Bank, J o h a n n e s b u r g , ac c or d i ng l y

I nst r u c t i o n s i n wr i t i n b Union B an k of Sw i t =e r l an d , z uri c h


to Si~i ss Un ion Trust for South Africa (P ro r ieta rv ) Lt d.
Joharinesbu~r , accord in to Clause 3.1 of the Mana ement
A reement

1 .1 These instructions w ill be s en t t o

Swiss U n i o n T r u st ,
c/o Alex. Aiken kc Carter,
M arshall Place ,
6 6 Marshall Stre e t ,
Johannesburg
T elex No . 8 4 250

1 2 The instructions will be wo r d ed e x a c t ly a s s tated o n th e


e nclosed message mo d el . The s e q u e nc e of th e w o rd s and th e
c ontents of the m e s s age m ust b e strictly in conformity with
the enclosed mess age mo d el , w ith th e e x c e p t ion of p o s s ible
changes in the ad d r e ss . The p r e s e n t a t ion of the t ext may
v ary depending on th e m e an s o f c o m m u n i c a t i o n .

1.3 Depending on wh e t her or no t th e m e d i a o f c o m m u n i c a t io~i in


q ue s t ion will b e f unctioning, Union B an k o f S u i t ".. farl ~nd
w ill adhere to the f o l l o w ing p r o c e d u r e , i n th e fnl lo~ in',
order of prior i ty:

1 . 3.1 1 s ~ r r i o~r i t

Original message by te lex and h ard copy conf j r i'<t


~> > on
by air mail t-o the same address

2nd
2

3rd rior i~ t (lf both t elex n d t e l egr am co... un i ca' ' . -

a re i n t er r up t e.'.>

O rang anal e ssa "e b v a ir-ma i l l ' b v u s j.-> : ' :al ser;
or bv professional messenger s ervi c e c r h an d d~l i~ o"v

by any indivi dual i r p o s s e s s icn of a ~r it t e .". -='~er of


at tc me~, ~hereby the orig inal -..ust be s ' ",. d b . anv
t ~o officers binding Union Bank's 2 ad " : i - e - -- - r d i n
the the n e x i s ting s igna t ure b o c k .

1.5.4 4th r ior it~' (if telex an" - .ele~r a m ""...; n "a- icn s are
xnte zr~.-t e" a n ~ no po s ta' or .e s se-.ger
s ervice s p o s s i b l e )

I f possible, message tr ansr itt d by zsi;.g S~j Q c er.n


ment channel : , t o t h e Swi s s E w ~ a s s .r. ". e ~e.
Sout?, Africa, frc~ ~Pie-,e -.he ...e:-==ge -

t o Swis s Unicn Tr u s t .

: t i: speci icail' sti u l a tec'. that c aue : 5 .-'.',: 3. 4. = ;f


the ., anage...ent a g r e
-

. . = -n t ~ i a s o a pply i = e " . . . u i " . e > b. S . i s s


t " . .x-n Trus: a. t ."e S~' s E.-
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-.'.;e Pep ' : . i - : f =ou t . . A=rica

al that the =.~i:s =eder.ai C" .".=. ,


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=e r: '.e-a. : i begat x=-",. t . e . . = ar.t c :
a ai t '. " .

, :ri.irmatcry c"-y of those ins

.-'.==ordirg to cia" se 3. 3 of t..e .tanagemen


'..;on Tr s t sh a l l , u po n receipt of the i
refer r e d to ir . c l a u s e 3 . 1 , for th~ith ac
t o Un i o n B a n k i n w riting, always p r o v i de d t h a t t e l e x
or
t el e g r a m o r pos t a l s e r v i c e s a re not inte r r u p t e

2 . Tr a n s m i s s i o n of a o f the Instru c t i o n s m enti o n e d in


Section 1 above to Barclavs National Bank, Johannesbur

A ccordin g t o c lause 3 . ' ( s e c ond but l ast l i n e I


of the Management Agreement, Barclays National Bank,
84 Market Street, Johannesburg, m ust r e c e i ~ . e a copy o f
the instructions mentioned in section 1 of this Confi-
dential ltemorandum. This copy will be sent by Union
Bank to

Representative Office of the


Union Ban k o f S wi t =er l an d
P .Q. Box 61105
Marshal l t o w n / T v l .
Telex No . 8 7 " 7 0 sa
from where the copy will be forarde n to B a r c l a y s .

Depending o n w h e t h e r o r n ot t h e m ed i a o f c o mm u n i c ; ~ t i o n in

question w ill b e f unct ion ing, U n i o n B. ~ n k o f ~ i t .-erl :~nd


w ill adhere to th e f o l lowing p r o c e d u r e , in the f ollowing
order of pr i or i v:
t

2 .'. 1 1st rior itv

The copy w i l l b e s ent b y t e l ex

'7 ? 7
i ts ~

T he cop~' ~ i 11 b - ant bi t 1 c p i >in

r io r i t i ' ( i ~ t ele x i n jc;it inrun~ ; i r


c o ~ i ),i~ Int r r <

The cop v . i 1 1 l; = .- r t ';, ,< > r.-i i l li

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