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Chief Executive's statement
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    Following is a statement by the Chief Executive, Mr Donald Tsang, today (January 25) on the death of Sir John James Cowperthwaite:

     "I am deeply saddened to learn that Sir John James Cowperthwaite, who served Hong Kong as Financial Secretary from 1961 to 1971, has passed away in Scotland.

     "The Administration joins me in extending our deepest condolences and sympathies to his wife on her bereavement.

     "We shall always remember Sir John for the pioneering and dominant role he played in the birth of the legend of Hong Kong as the freest market economy in the world."




Ends/Wednesday, January 25, 2006
Issued at HKT 16:37

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