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AKTIESELSKABET

DEDANSKE SUKKERFABBRIKKER

5/6 1968

Mr.J. Oubet-Baulin, Director
Centre d’ Information et de
Documentatin Ivoirien
Paris

us to know exactly what is intended in this respect with regard to the new factory in Niger, and how this agricultural projet is going to be planned and organized.

The second question we have is related to the financing of the factory. As we have mentioned to you on earlier occasions, our Compagny is prepared to consider a participation in the factory as a shareholder, and it might also very well be that financing to a certain extent can be obtained from official Danish sources. During your discussions with Mr. N.J. Loft in the beginning of March you mentioned that various possibilities existed for financing also from official sources in Niger. May we ask you kindly to let us know a little more in detail how you expect that this financing could be arranged !

Is the government of Niger ready to join as a shareholder, for instance together with our Company and other Danish shareholders, and in such case with a majority or a minorty of the shares ! Normally in a case like this, the sharecapital will only cover a smaller fraction of the total investiments. It is very well possible that apart from the sharecapital a certain financing in from of long-term credit or longterm loan can be obtaining long-term loans to cover for instance developement of land for cane growing or the like.

may we expect to have your answers to the above questions at your earliest convenience in order that we can proceed with this matter, the next step probably being a visit by one or more of our technicians to Niger.

 [1]

Notes

[1] Yours faithfully, AKTIESELSKABET DE DANSKE SUKKERFABRIKKER

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