• New Report Shows "Sprinkles" are Working to Prevent and Treat Childhood Nutrition Epidemic

INVESTMENTS LIMITED.


UAM IS A TECHNOLOGY COMPANY ACTIVE IN THE MEDIA ARENA FOCUSSING ON TECHNOLOGIES


WHICH WILL FACILITATE NEW, COST EFFECTIVE DELIVERY PLATFORMS. THE COMPANY


OPERATES ACROSS 4 DIVISIONS NAMELY: TV, RADIO & TELECOMMUNICATIONS; IT AND


ELECTRONIC MEDIA; ADVERTISING & MARKETING AND PUBLISHING.


INCOME STATEMENT


DESPITE DIFFICULT TRADING CONDITIONS THE GROUP HAS POSTED EXCELLENT RESULTS FOR


THE YEAR ENDED 31 DECEMBER 1999. TURNOVER INCREASED BY 61%, ATTRIBUTABLE INCOME


BY 154% AND HEADLINE EARNINGS PER SHARE BY 85%. THE DIFFERENCE BETWEEN EARNINGS


PER SHARE AND HEADLINE EARNINGS PER SHARE, IS DUE TO NON-RECURRING RETRENCHMENT


AND DEVELOPMENT COSTS. THE GROUP HAS ACHIEVED ITS FORECAST HEADLINE EARNINGS


PER SHARE. FORECAST TURNOVER AND ATTRIBUTABLE INCOME WERE LOWER THAN EXPECTED


DUE TO THE DISPOSAL OF CONTINUUM SOLUTIONS (PTY) LTD, THE LIQUIDATION OF VISUAL.


COMMUNICATIONS (PTY) LTD AND THE DELAY IN THE ROLLOUT AT SELBY AFRICOM (PTY)


LTD. THE INCREASE IN EARNINGS REPORTED IS AS A RESULT OF STRONG ORGANIC GROWTH.


DIVISIONAL TURNOVER AND ATTRIBUTABLE INCOME WERE RESPECTIVELY: TV, RADIO &

TELECOMMUNICATIONS (17%, 24%); IT AND ELECTRONIC MEDIA (31%, 34%); ADVERTISING


& MARKETING (27%, 22%) AND PUBLISHING (25%, 20%).


BALANCE SHEET


GOODWILL OF R122 MILLION AND TRADEMARKS OF R33.3 MILLION WERE WRITTEN OFF


AGAINST SHARE PREMIUM AND APPROVED BY SHAREHOLDERS IN A GENERAL MEETING ON 31


JANUARY 2000. THE EFFECT OF THIS WRITE-OFF IS A REDUCTION IN NET ASSET VALUE


FROM 156 CENTS TO 71.2 CENTS.


DIVISIONAL HIGHLIGHTS


TV, RADIO & TELECOMMUNICATIONS - UAM IS A MEMBER OF THE NEXTCOM CONSORTIUM


BIDDING FOR THE THIRD CELLULAR LICENSE. ALTHOUGH NEXTCOM WAS NOT ANNOUNCED AS


THE PREFERRED BIDDER, THE REVIEW PROCESS STILL HAS TO BE COMPLETED. YARONA FM,.


ONE OF ONLY TWO PRIVATELY OWNED RADIO STATIONS IN BOTSWANA, WAS LAUNCHED DURING


AUGUST 1999 AND BROKE EVEN WITHIN ITS FIRST MONTH OF OPERATION. YFM REMAINS THE


LARGEST REGIONAL RADIO STATION IN SOUTH AFRICA AND IS CONTINUING TO ACHIEVE


SUBSTANTIAL GROWTH WITH SEVEN-DAY LISTENERS APPROACHING 1.3 MILLION. AFRICA PAY


TELEVISION IS NOW OPERATIONAL IN EIGHT CITIES THROUGHOUT AFRICA AND HAS


ACHIEVED STRONG SUBSCRIBER GROWTH.


IT AND ELECTRONIC MEDIA - TWILIGHT ENTERTAINMENT SECURED CONTRACTS AND


COMMENCED OPERATIONS IN THE PEOPLES REPUBLIC OF CHINA, NAMIBIA, GHANA,


ZIMBABWE, LESOTHO AND ZAMBIA FOR ITS CLOSED CIRCUIT ADVERTISING CHANNEL.


LOCALLY CONTRACTS WERE CONCLUDED WITH THE DEPARTMENT OF HOME AFFAIRS FOR ALL


HOME AFFAIRS OFFICES AND THE DEPARTMENT OF JUSTICE FOR ALL COURTHOUSES. DURING


THE YEAR AIRMEDIA SET UP IN-STORE RADIO STATIONS FOR EDGARS, SALES HOUSE, JET.


AND THE HYPERAMA.


ADVERTISING & MARKETING - OFF THE WALL ESTABLISHED A JOINT VENTURE COMPANY WITH


SATACO (SOUTH AFRICAN TAXI COUNCIL) WHICH HAS THE EXCLUSIVE RIGHTS TO ALL TAXI


ADVERTISING AND MARKETING. DURING THE YEAR TWILIGHT PURCHASED 51% OF ADWORKS


MCCANN ERICKSSON BILLBOARD DIVISION, IN ZAMBIA. UAM ALSO SECURED 2 000


BILLBOARD SITES FROM SPOORNET. APPROVAL FROM THE VARIOUS TOWN COUNCILS HAS BEEN


OBTAINED AND THE ERECTION OF BILLBOARDS WILL COMMENCE SHORTLY. CONCEPT


MARKETING LAUNCHED THE SHELL LOTTO PROMOTION - ONE OF THE BIGGEST AND MOST


SUCCESSFUL FUEL INDUSTRY PROMOTIONS EVER SEEN IN SA WITH OVER 8.5 MILLION CARD


SWIPES. CONCEPT ALSO CO-ORDINATED THE NATIONAL LAUNCH OF SHELL SOUTH AFRICA'S


NEW RETAIL FRANCHISE TO MORE THAN 800 SHELL SERVICE STATIONS.


PUBLISHING - ACCORDING TO THE 1999 ALL MEDIA PRODUCTS SURVEY (AMPS), RADIO AND.


TV TALK, THE SABC PROGRAMME GUIDE PUBLISHED BY CREATIVE PUBLISHING, IS SOUTH


AFRICA'S MOST WIDELY READ MAGAZINE WITH A READERSHIP OF OVER 2.7 MILLION.


TECHCOMM SUCCESSFULLY LAUNCHED SMART INVESTOR, A MAGAZINE AIMED AT THE


INDIVIDUAL INVESTOR, DURING MAY. SUBSCRIBER LEVELS HAVE EXCEEDED EXPECTATIONS


AND HAVE REACHED 5 500. THE MAGAZINE ALSO HAS A RELATED WEB SITE ALLOWING

INVESTORS TO OBTAIN ADVICE AND PURCHASE SHARES ONLINE.


DIVIDENDS


IN LINE WITH COMPANY POLICY, FUNDS ARE RETAINED TO FINANCE GROWTH AND FUTURE


ACQUISITIONS AND ACCORDINGLY NO DIVIDEND HAS BEEN DECLARED.


FUTURE PROSPECTS


THE DIRECTORS ARE CONFIDENT THAT THE GROUP WILL CONTINUE TO EXPAND DURING THE


FORTHCOMING YEAR. AFRICA PAY TELEVISION IS POISED TO SECURE FURTHER PAY


TELEVISION LICENSES IN AFRICA AND ITS SUBSCRIBER LEVELS ARE EXPECTED TO


MAINTAIN THEIR IMPRESSIVE GROWTH RATE AS IT ROLLS OUT FURTHER SITES. TWILIGHT.


ENTERTAINMENT IS DUE TO SIGN A CONTRACT TO SUPPLY A CLOSED CIRCUIT TELEVISION


CHANNEL TO A MAJOR BANK WITH SEVERAL HUNDRED BRANCHES AND IS ALSO IN


NEGOTIATIONS WITH A TELEVISION BROADCASTER TO SHOW NEWS ON ITS CLOSED CIRCUIT


ADVERTISING CHANNEL. THE COMPANY IS EXPECTED TO OBTAIN FURTHER VIEWING SITES IN


BOTH THE PEOPLES REPUBLIC OF CHINA AND AFRICA. UNWEMBI COMMUNICATIONS HAS


CONCLUDED DEALS TO SUPPLY MULTIMEDIA DISPLAYS FOR BOTH THE NELSON MANDELA AND


ROBBEN ISLAND MUSEUMS. THE FULL BENEFITS FROM AIRMEDIA'S IN-STORE RADIO


STATIONS ARE ONLY EXPECTED TO BE FELT IN THE FORTHCOMING YEAR. ALL OF WHICH


SHOULD CONTRIBUTE TOWARDS UAM ACHIEVING CONTINUED SOLID ORGANIC GROWTH.


STRATEGIC ACQUISITIONS COULD FURTHER ENHANCE RETURNS.


BY ORDER OF THE BOARD


TASEKANO AMGLASS

CHAIRPERSON CHIEF EXECUTIVE OFFICER.


JOHANNESBURG, 15 MARCH 2000


GROUP INCOME STATEMENT


12 MONTHS TO PRO FORMA TO

31 DECEMBER 1999 31 DECEMBER 1998

AUDITED AUDITED %

R'000 R'000 CHANGE

TURNOVER 143,737 89,367 61

NET PROFIT BEFORE TAXATION 34,698 15,583 123

INTEREST RECEIVED/(PAID) 1,187 (227) 119


SHARE OF ASSOCIATED COMPANY'S


RETAINED PROFIT 2,452 1,540 59

NET PROFIT BEFORE TAXATION 38,337 16,896 127

TAXATION (9,139) (5,314) 72

NET PROFIT AFTER TAXATION 29,198 11,582 152


OUTSIDE SHAREHOLDERS INTEREST.


IN SUBSIDIARIES (6,698) (2,730) 145


NET PROFIT ATTRIBUTABLE TO


SHAREHOLDERS 22,500 8,852 154


TOTAL NUMBER OF SHARES


EXPECTED TO BE IN ISSUE AT


31 DECEMBER 1999 IN TERMS


OF PROFIT WARRANTIES ('000) 183,160 125,000


EARNINGS PER SHARE


(FULLY DILUTED) (CENTS) 12.3 7.1 73


HEADLINE EARNINGS PER SHARE


(FULLY DILUTED) (CENTS) 13.1 7.1 85


GROUP BALANCE SHEET


12 MONTHS TO 12 MONTHS TO

31 DECEMBER 1999 31 DECEMBER 1998

AUDITED AUDITED

R'000 R'000


ASSETS


NON-CURRENT ASSETS 151,238 133,848.
FIXED ASSETS 12,072 5,840

INVESTMENTS AND LOANS


RECEIVABLE 139,166 128,008

CURRENT ASSETS 45,074 28,984

INVENTORIES 11,397 3,677

ACCOUNTS RECEIVABLE 33,677 16,453

CASH AT BANK - 8,854

TOTAL ASSETS 196,312 162,832


EQUITY AND LIABILITIES


CAPITAL AND RESERVES 130,455 102,647

SHARE CAPITAL 183 150

SHARE PREMIUM 108,173 102,497

DISTRIBUTABLE RESERVES 22,099 -

NON-CURRENT LIABILITIES 20,405 4,023.
OUTSIDE SHAREHOLDERS INTEREST 9,669 2,677

LOANS PAYABLE 4,801 -

LONG TERM LIABILITIES 4,238 540

DEFERRED TAXATION 1,697 806

CURRENT LIABILITIES 45,452 56,162

ACCOUNTS PAYABLE 20,440 19,570

TAXATION 7,806 1,737

AMOUNTS DUE TO VENDORS 16,147 32,415

BANK OVERDRAFT 1,059 2,440

TOTAL EQUITY AND LIABILITIES 196,312 162,832


TANGIBLE NET ASSET VALUE


(FULLY DILUTED) (CENTS) 71.2 68.4


UNION ALLIANCE MEDIA INCREASES HEADLINE EARNINGS PER SHARE BY 85%.


TUESDAY 14 MARCH


IN ITS MAIDEN RESULTS, TECHNOLOGY MEDIA COMPANY UNION ALLIANCE MEDIA (UAM) HAS


INCREASED ATTRIBUTED INCOME 154% TO R23-MILLION FOR THE YEAR TO DECEMBER 1999.


TURNOVER INCREASED 61% TO R144-MILLION AND HEADLINE EARNINGS PER SHARE 154%.


CHAIRMAN ANTHONY GLASS SAID THE INCREASE IN EARNINGS IS THE RESULT OF STRONG


ORGANIC GROWTH. DIVISIONAL TURNOVER AND ATTRIBUTABLE INCOME WERE RESPECTIVELY:


TV, RADIO & TELECOMMUNICATIONS (17%, 24%); IT AND ELECTRONIC MEDIA (31%,


34%); ADVERTISING & MARKETING (27%, 22%) AND PUBLISHING (25%, 20%).


UAM HAS ANNOUNCED ITS INTENTION TO APPLY TO TRANSFER ITS LISTING TO THE MEDIA


SECTOR SUBJECT TO JSE APPROVAL. UAM IS A SUBSIDIARY OF UNION ALLIANCE HOLDINGS


(UAH) WHOSE SHAREHOLDERS INCLUDE 10 COSATU AFFILIATED UNIONS, TWO NACTU


AFFILIATED UNIONS, THE WORKERS' INVESTMENT CORPORATION, THE TRANSFORMATION AND.


DEVELOPMENT TRUST AND NEW AFRICA INVESTMENTS LIMITED.


THE GROUP DERIVES A SIGNIFICANT PORTION OF ITS INCOME OUTSIDE OF SOUTH AFRICA.


INCLUDED IN THE HIGHLIGHTS, UAM'S AFRICA PAY TELEVISION IS NOW OPERATIONAL IN


EIGHT CITIES THROUGHOUT AFRICA AND HAS ACHIEVED STRONG SUBSCRIBER GROWTH.


YARONA FM, ONE OF ONLY TWO PRIVATELY OWNED RADIO STATIONS IN BOTSWANA, BROKE


EVEN IN ITS FIRST MONTH OF OPERATION IN AUGUST LAST YEAR. YFM IS APPROACHING A


SEVEN DAY AUDIENCE OF 1,3-MILLION.


TWILIGHT ENTERTAINMENT SECURED CONTRACTS AND COMMENCED OPERATIONS IN THE


PEOPLES REPUBLIC OF CHINA, NAMIBIA, GHANA, ZIMBABWE, LESOTHO AND ZAMBIA FOR ITS


CLOSED CIRCUIT ADVERTISING CHANNEL. LOCALLY CONTRACTS WERE CONCLUDED WITH THE


DEPARTMENT OF HOME AFFAIRS FOR ALL HOME AFFAIRS OFFICES AND THE DEPARTMENT OF


JUSTICE FOR ALL COURTHOUSES. DURING THE YEAR AIR MEDIA SET UP IN-STORE RADIO.


STATIONS FOR EDGARS, SALES HOUSE, JET AND THE HYPERAMA.


OFF THE WALL ESTABLISHED A JOINT VENTURE COMPANY WITH SATACO (SOUTH AFRICAN


TAXI COUNCIL) WHICH HAS THE EXCLUSIVE RIGHTS TO ALL TAXI ADVERTISING AND


MARKETING. DURING THE YEAR TWILIGHT ACQUIRED 51% OF ADWORKS MCCANN ERICKSSON


BILLBOARD DIVISION, IN ZAMBIA. UAM ALSO SECURED 2 000 BILLBOARD SITES FROM


SPOORNET. APPROVAL FROM THE VARIOUS TOWN COUNCILS HAS BEEN OBTAINED AND THE


ERECTION OF BILLBOARDS WILL COMMENCE SHORTLY.


CONCEPT MARKETING LAUNCHED THE SHELL LOTTO PROMOTION - ONE OF THE BIGGEST AND


MOST SUCCESSFUL FUEL INDUSTRY PROMOTIONS EVER SEEN IN SA WITH OVER 8,5-MILLION


CARD SWIPES. CONCEPT ALSO CO-ORDINATED THE NATIONAL LAUNCH OF SHELL SOUTH


AFRICA'S NEW RETAIL FRANCHISE TO MORE THAN 800 SHELL SERVICE STATIONS.


ACCORDING TO THE 1999 ALL MEDIA PRODUCTS SURVEY (AMPS), RADIO AND TV TALK, THE.


SABC PROGRAMME GUIDE PUBLISHED BY CREATIVE PUBLISHING, IS SOUTH AFRICA'S MOST


WIDELY READ MAGAZINE WITH A READERSHIP OF OVER 2,7-MILLION. TECHCOM


SUCCESSFULLY LAUNCHED SMART INVESTOR, A MAGAZINE AIMED AT THE INDIVIDUAL

INVESTOR, DURING MAY. SUBSCRIBER LEVELS HAVE EXCEEDED EXPECTATIONS AND HAVE


REACHED 5 500. THE MAGAZINE ALSO HAS A RELATED WEB SITE ALLOWING INVESTORS TO


OBTAIN ADVICE AND PURCHASE SHARES ONLINE.


"WE ARE CONFIDENT THAT THE GROUP WILL CONTINUE TO EXPAND DURING THE FORTHCOMING


YEAR. AFRICA PAY TELEVISION IS POISED TO SECURE FURTHER PAY TELEVISION


LICENSES IN AFRICA AND ITS SUBSCRIBER LEVELS ARE EXPECTED TO MAINTAIN THEIR


IMPRESSIVE GROWTH RATE AS IT ROLLS OUT FURTHER SITES," SAID GLASS.


TWILIGHT ENTERTAINMENT IS DUE TO SIGN A CONTRACT TO SUPPLY A CLOSED CIRCUIT


TELEVISION CHANNEL TO A MAJOR BANK WITH SEVERAL HUNDRED BRANCHES AND IS ALSO IN.


NEGOTIATIONS WITH A TELEVISION BROADCASTER TO SHOW NEWS ON ITS CLOSED CIRCUIT


ADVERTISING CHANNEL. THE COMPANY IS EXPECTED TO OBTAIN FURTHER VIEWING SITES


IN BOTH THE PEOPLES REPUBLIC OF CHINA AND AFRICA.


UNWEMBI COMMUNICATIONS HAS CONCLUDED DEALS TO SUPPLY MULTIMEDIA DISPLAYS FOR


BOTH THE NELSON MANDELA AND ROBBEN ISLAND MUSEUMS. THE FULL BENEFITS FROM AIR


MEDIA'S IN-STORE RADIO STATIONS ARE ONLY EXPECTED TO BE FELT IN THE FORTHCOMING


YEAR. "ALL OF WHICH SHOULD CONTRIBUTE TOWARDS UAM ACHIEVING CONTINUED SOLID


ORGANIC GROWTH. STRATEGIC ACQUISITIONS COULD FURTHER ENHANCE RETURNS," NOTED


GLASS.


ISSUED BY: CHARLES SMITH &ASSOCIATES

ON BEHALF OF: UNION ALLIANCE MEDIA (UAM)


FURTHER INFORMATION: RACHEL MALINGA


TEL: [phone]

FAX: [phone].
EMAIL : [e-mail]


OR


UAM ANTHONY GLASS

TEL: [phone]

FAX: [phone]

EMAIL:[e-mail]


PRODUCED BY: SHARIFA WALBURG 14-03-2000 17:56 SENS.


(c) Johannesburg Stock Exchange.

Document jsexch0020010813dw3e003y2

Appearances, activities.
4,737 words

9 February 2000

BBC Monitoring Service: Asia-Pacific

BBCFE

English

(c) 2000 The British Broadcasting Corporation [date of publication]. All Rights Reserved. No material may be reproduced except with the express permission of The British Broadcasting Corporation.
Source: Xinhua news agency domestic service, Beijing, in Chinese 1527 gmt 1 Feb 00
Source: Xinhua news agency domestic service, Beijing, in Chinese 1506 gmt 30 Dec 99
Source: Xinhua news agency, Beijing, in English 1354 gmt 28 Jan 00
Source: Xinhua news agency, Beijing, in English 1310 gmt 26 Jan 00
Source: Xinhua news agency domestic service, Beijing, in Chinese 1500 gmt 24 Jan 00
Source: Xinhua news agency domestic service, Beijing, in Chinese 1534 gmt 26 Jan 00
Source: China Central Television, Beijing, in Standard Chinese 1100 gmt 19 Jan 00
Source: Xinhua news agency, Beijing, in English 1257 gmt 17 Jan 00
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Source: Xinhua news agency domestic service, Beijing, in Chinese 1253 gmt 24 Jan 00
Source: Xinhua news agency for Hong Kong, Beijing, in Chinese 0828 gmt 30 Dec 99
Source: Xinhua news agency, Beijing, in English 1055 gmt 17 Jan 00
Source: Zhongguo Xinwen She, Beijing, in Chinese 0835 gmt 25 Jan 00
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Source: Xinhua news agency domestic service, Beijing, in Chinese 0250 gmt 30 Dec 99
Source: Xinhua news agency, Beijing, in English 1557 gmt 27 Jan 00
Source: `Yunnan Ribao' (Internet Version), Kunming, in Chinese 10 Jan 00
Source: Xinhua news agency domestic service, Beijing, in Chinese 1341 gmt 1 Feb 00
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Source: Xinhua news agency, Beijing, in English 1258 gmt 18 Jan 00
Source: China Central Television, Beijing, in Standard Chinese 1100 gmt 5 Jan 00
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Source: Yonhap news agency, Seoul, in English 0056 gmt 27 Jan 00
Jiang Zemin
Li Peng
Zhu Rongji
Qiao Shi
Ding Guangen
Hu Jintao
Li Tieying
Luo Gan
Qian Qichen
Ismail Amat
Wu Yi
Wen Jiabao
Wu Bangguo
Qian Qichen
Wei Jianxing
Li Ruihuan
Wang Ke
Fu Quanyou
Zhang Wannian
Li Lanqing
The army-civilian literary and art soiree called the "Spring of the Century" to greet the Spring Festival of 2000 was held at the China Theatre in Beijing on 1st February. Party and state leaders, including President Jiang Zemin, Li Peng, Zhu Rongji, Li Ruihuan, Hu Jintao, Wei Jianxing, and Li Lanqing, were present.
Also attending the soiree were Ding Guangen, Chi Haotian, Zhang Wannian, Luo Gan, Jia Qinglin, Wen Jiabao, Zeng Qinghong, He Luli, Ismail Amat, Wang Zhongyu, Zhao Nanqi, Zhou Tienong, and members of the Central Military Commission Fu Quanyou, Yu Yongbo, Wang Ke, Wang Ruilin, Cao Gangchuan, Guo Boxiong, and Xu Caihou.
Also attending the literary and art soiree were relevant departments of the central and state organs, the National Double-Support Work Leading Group, and leading comrades of Beijing Municipality, the four PLA General Departments, various major units in Beijing, the Armed Police Force, and the General Office of the Military Commission.
Party and state leaders Jiang Zemin, Zhu Rongji, Li Ruihuan, Hu Jintao, and Wei Jianxing attended a New Year Peking Opera show at the Zhongnanhai on the evening of 30th December. Also present at the show were Ding Guangen, Chi Haotian, Jia Qinglin, Zeng Qinghong, and Yang Rudai.
President Jiang Zemin visited a unit of the Beijing Military Area Command on 28th January today, passing on New Year greetings. He visited the barracks, shook hands with the soldiers and chatted about their living conditions and what culinary delights they are preparing for New Year's Eve and the days that follow during the festive period.
Jiang urged soldiers to learn political theory, study China's history and improve their military knowledge and skills.
Accompanying Jiang were other senior leaders including Hu Jintao, Zhang Wannian and Chi Haotian.
President Jiang Zemin today extended his New Year greetings to retired military veterans on 26th January. Jiang was present at a New Year performance with military veterans organized by the CMC to celebrate the upcoming Spring Festival.
Tang Youzhang, former adviser to the now defunct Ministry of Agricultural Machines, died of illness in Beijing at 94. Jiang Zemin, Zhu Rongji, Hu Jintao, Jia Qinglin, Zeng Qinghong, Zou Jiahua, and others extended condolences to his family.
Pu Jiexiu, honorary vice-chairwoman of the China Democratic National Construction Association, died of illness in Beijing on 13th January at 92. Jiang Zemin, Li Ruihuan, Wei Jianxing, Jia Qinglin, Wu Yi, and other comrades extended condolences on her death.
A book collecting important speeches and writings by Mao Zedong, Deng Xiaoping, and Jiang Zemin on the supervision of cadres was recently published. The book was compiled by the Organization Department of the CCP Central Committee.
President Jiang Zemin recently sent a letter praising the activities of some outstanding youth volunteers. The Chinese communist Youth League's (CCYL) Central Committee has called on its local branches to study Jiang's words and expand youth volunteer programmes.
Since the CCYL Central Committee organized the volunteer plan in 1993, over 4,000 young people have helped more than 150 poverty-stricken counties.
President Jiang Zemin met a group of French entrepreneurs on 24th January including Ernest-Antoine Seilliere, chairman of the French Enterprises Movement (FEM) - formerly known as the French Federation of Employers.
Jiang expressed his appreciation for FEM's role in increasing mutual understanding between China and France and cooperation in the economic and trade sectors.
The French entrepreneurs will also visit Shanghai and Xiamen.
Jiang Zemin visited workers and staff members of state-owned enterprises and particularly inspected the work in scientific and technological innovation in Beijing on 24th January.
Accompanying General Secretary Jiang Zemin on the inspection tour were Li Lanqing, member of the Standing Committee of the CCP Central Committee Political Bureau and vice-premier of the State Council; Zeng Qinghong, alternate member of the Political Bureau and member of the Secretariat of the CCP Central Committee; Jia Qinglin, member of the CCP Central Committee Political Bureau and secretary of the Beijing Municipal CCP Committee; and Liu Qi, mayor of Beijing Municipality.
Li Peng, chairman of the Standing Committee of the National People's Congress, wrote the title of a new colour pictorial, "Environment, Tourism, and Development," published recently by the Xinhua Publishing House.
Premier Zhu Rongji met outgoing and newly-appointed foreign ambassadors at the Great Hall of the People on 17th January.
The three outgoing ambassadors are Richard C. Smith from Australia, Rhafic Janhangeer from Mauritius and A.K.M. Farook from Bangladesh.
The 11 new ambassadors are Erich Buttenhauser from Austria, Pierre Passi from the Republic of the Congo, Rajab Mohammed Sukayri from Jordan, Bayer Mihaly from Hungary, Lefa Joseph Mokotjo from Lesotho, Haakon B. Hjelde from Norway, Zeljko Kirincic from Croatia, Igor Antonovich Litvin from Ukraine, Saleh Abdulla Albouanin from Qatar, Alberto Rodriguez Arufe from Cuba and Joseph Prueher from the United States.
The wife of Ma Man Kei, vice-chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC) and president of Macao's Chinese Chamber of Commerce, died of illness on 23rd January at 81. Li Peng, chairman of the National People's Congress (NPC) Standing Committee; and Qiao Shi, former chairman of the NPC Standing Committee, sent wreaths to extend condolences.
Ding Guangen, member of the Political Bureau of the CCP central Committee, secretary of the Secretariat, and director of the Propaganda Department of the CCP Central Committee, called on directors, performers and all working staff who were busily carrying out rehearsals of the Spring Festival evening programme at the studio of the Central Television Station on 2nd February.
Delegates to the fifth plenary session of the Sixth National Committee of the China Federation of Literary and Art Circles celebrated the arrival of spring at Beijing's Peace Hotel on 22nd January. Ding Guangen, member of the Political Bureau, member of the Secretariat, and director of the Propaganda Department of the CCP Central Committee, was present at the gathering.
Ding Guangen, director of the Propaganda Department of the CCP Central Committee, had an informal discussion with veteran comrades in the publication circles in Beijing on 26th January. He relayed Jiang Zemin's directives on propaganda and ideological work and on building spiritual civilization. He urged comrades on the publication front to implement the party's publication policies, heighten political awareness and sense of responsibility, and suggest ways and means for the prosperity of China's publication undertakings.
The second congress of the China Young Volunteers Association closed in Beijing on 19th January. Ding Guangen attended the congress and presented awards to outstanding volunteers and volunteer collectives.
Ding Guangen met Peter Wolff, special adviser to the Chief Executive Officer of the US-based Time-Warner Group on 19th January. Time Warner successfully sponsored the Fortune Global Forum last year in Shanghai, and there are a lot of things for China and Time Warner to do together, Ding added.
A second national meeting to commend five-good civilized families (the Mengjie Cup) and advanced organizations for coordinating activities in building such families was held in the Great Hall of the People on 6th December. Ten five-good, civilized pacesetter-families, 100 five-good civilized families, and 36 advanced organizations for coordinating activities in building such families were commended at the meeting.
Those attending the meeting included Ding Guangen, member of the Political Bureau and the Secretariat and director of the Propaganda Department of the CCP Central Committee and chairman of the Central Guiding Committee for the Building of Spiritual Civilization, and Peng Peiyun, vice-chairman of the Standing Committee of the National People's Congress and chairman of the All-China Women's Federation.
A tea party was held in Beijing on 28th January for some 2,000 retired senior officials on the occasion of the upcoming Spring Festival on 5th February.
On behalf of the central leadership, Vice-President Hu Jintao addressed the gathering and conveyed warm regards and high respect. The younger generation should learn the glorious traditions and lofty style of the elders and continue to bring them into full display in the new age, Hu noted. He also urged that the retired officials be cared for both politically and physically.
A proposed China-Africa ministerial-level conference to be held in Beijing this autumn has received warm response from African friends,