20/02 '95 12 :53 'x'071 352 3055 SCERODER S 071 382 3055 6etatoo CC NC &OMCbodj 1joo l ~JK~ C{ J. Henry Schroder Wepg & Co. Umltsd 120 Cheap .ideq London EC2V SOS Facsimile Cover Shee t To : Linda Coe Company : BAT Industries plc Phone: 233 3282 Fax: 233 3276 From: Jonathan Warburto n Company : JHSW London Phone: 00 44 71 382 6145 Fax: 00 44 71 382 350 4 Date : 20/02/95 Pages including this cover page : 3 Comments : Belarus Please see attached press cuttings . 071.312 0000 but Landon E44034 Fat :O to Da. 071.342 3010 Cables 1 bm inns Sander Landon ECa lad . http://legacy.library.ucsf.edu/tid/jmd01a99/pdf Mambet d SFA Rapaana Number 532001 E Oand R.pbtw.d O4fea at abo>~ addles . ed~c~ BELARU S Note of a telephone conversation with Gerd Oltermann attended b y Anne Johnson, Holger Lompe and Linda Coe on Wednesday 1 5 February 1995 . GO had been talking to Yaroshuk who advised him that the Cabine t of Ministers was about to approve a new list of Enterprises which cannot be privatised. It is understood that Grodno is not on the list and that this list replaces the current list in its entirety . In view of th e fact that we are also unsure what has been put to the Cabinet of Ministers and Supreme Soviet regarding the BAT offer it was agree d that John Hewko and Andrew Whitehouse may have to visit Minsk t o find out more about these documents, particularly from Yaroshuk . Initially AW will speak to JH to ask him to find out what he can b y telephone . 2. It is understood that Sergei Ling, one of the Deputy Prime Minister s is visiting London in March . LC to check for details from FCO . 3. GO agreed to try and find a project leader in BATCF together with a distribution person, as appropriate if unsuccessful in BATCF he wil l contact AJ . 4. It was agreed that the Business Plan required an urgent review , particularly with regard to the Market and Sales . GO said he woul d speak to Mr Heinemann to review his recent report and the curren t situation . HL would review the model in the light of the market review and generally look at the sensitivities. The intent being to identif y whether the current capex proposal causes BAT a problem . 5. AJ and GO agreed that they should visit Mrs Primshitz in March . AJ would look at clearing the week beginning 27 March . If this week i s not possible then GO to proceed with visit without her in the wee k beginning 20 March . 6. It was felt that more information was required on the valuation . However, in view of Yaroshuk's recent comments regarding th e possible need for a further valuation it may be more appropriate t o leave this matter alone for the time being . LCBR67/JMH 15 fehna v 189 5 Copied to : GO, AJ, HL, LC, JH, AW http://legacy.library.ucsf.edu/tid/jmd01a99/pdf http://legacy.library.ucsf.edu/tid/jmd01a99/pdf 203476853
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