Item List : "Shareholders"

1. The code of best practice, undated.

This would seem to be a print-out of a presentation on the code of best practice on the report of the Committee.

2. Draft, the purpose of the company - the next steps.

Proposal for a seminar of 20 people with suggested names to discuss the philosophy design and purpose of the company. See also CAD-01035.

3. Draft, the financial aspects of corporate governance briefing, 13 May 1991.

This is the briefing to launch a high level review.

4. Letter, dated 15 May 1991, from H Bosch to Mr S B Myer, Chairman, National Mutual Life Association of Australia

Letter encouraging the recipient to comply completely with the new public discussion document: Corporate practices and conduct.

5. Confidential: PC 26 91 memo to the President's Committee for the meeting on 3 June 1991, including summary of a discussion document. Faxed 5 June 1991

This refers to a Statement of Best Practice published by the Institutional Shareholders' Committee and the ABI. It sets out key points, while asking the Committee to consider response to the ABI discussion document.

6. Letter, dated 18 June 1991, from Mark Goyder

Correspondence advising of progress since seminar of The purpose of the company, 14 March 1991 (see CAD-01027)

7. In confidence. Record of meeting with Mr Andew Hugh Smith, Chairman of the London Stock Exchange, on 26th June, 1991.

Covers the middle ground.

8. Memo from Nigel Peace to Sir Adrian, 26 June 1991 on Institution[sic] Shareholders Committee

Background to the meeting with the Institutional Shareholders Committee and Mike Sandland.

9. Correspondence, papers and report of a meeting with Charles Nunneley, Institutional Fund Managers' Association, July to November 1991.

Contains papers, voting by institutional Shareholders, Communication of Business Plans & Insider Dealing

10. Correspondence July/August 1991 from Hugh Collum, SmithKline Beecham

Covering letter and Hugh Collum's response to the Accounting Standards Board's publication on Structure of Financial Statements and the Statement of Principles

11. Correspondence with and papers from CBI, 10 July 1991, including minutes of meeting

Includes the CBI response to the ABI discussion paper on the responsibilities of institutional shareholders and minutes of meeting held on 25 June 1991.

12. Record of meeting with Mr Mike Sandland, chairman of the Institutional Shareholders Committee, on 15 July 1991

Also contains background to the Committee. Suggests the ToR should focus on financial aspects.

13. Background notes for meeting with Lord Gregson on 17 July 1991

Extracts relate to communication of information to shareholders and delay in achieving voting rights.

14. Letter, dated 26 July 1991, to M Sandland, Norwich Union Fund Management

Letter sets out vision for presentation to the Committee about institutional shareholders, a discussion of the ABI paper on the Responsibilities of institutional shareholders.

15. Letter from Sir Simon Hornby, WH Smith, 30 July 1991, and record of meeting with Sir Simon Hornby, 30 October 1991

The letter is a response to a request to give evidence. Areas for discussion: responsibilities of shareholders, independence of auditors, influence of analysts, information to be given in reports.The letter has a siginifcant number of handwritten comments in Sir Adrian's hand.

16. Letter, dated 15 August 1991, from Smith & Williamson.

Letter suggests approaching M & G to learn about their approach as an institutional investor.

17. Letter, dated 5 September 1991, from JP Charkham, Bank of England

Letter comments draft work programme and report, additonally commenting favourably on training programme for directors and legislation.

18. Record of meeting with Mr Dennis Stevenson, chairman of SRU Group and non-executive director of Manpower plc (formerly Blue Arrow), on 9 September 1991. And letter written by Stevenson to Institutional Shareholders' Committee.

Comments on remuneration, directors' responsibilities and non-executive directors access to independent advice. Includes extract from a biographical sources and Sir Adrian's handwritten notes.

19. Letter, 20 September 1991, to JAB Joll, and record of meeting with Mr James Joll, Finance Director of Pearson plc on 19 September, 1991

Report of meeting focuses on auditing.

20. Record of lunch with Mr Donald Main, Group Finance Director of Trust House Forte, on 24 September 1991

Record focuses on role of accounting standards and auditors.

21. Correspondence with Peter Stormonth Darling, Mercury Asset Management and handwritten note by Nigel Peace.

Confidential paper, with very limited circulation, comments on institutional investors and non-executive directors, remuneration and auditors.

22. Letter from Andrew H Simon, Evode Group plc, 3 October 1991

Letter concentrates on various committees within a company and a responsible attitude being adopted by institutional shareholders.

23. Record of meeting with Mr David Fifield on 3 October 1991

Evidence concentrates on short-termism.

24. Correspondence, dated August and October 1991, with David Clutterbuck, the ITEM Group, and copies from two Stephenson, Cobbold publications.

The copies concentrate on ethics in business and a supporting code, performance monitoring and communications with shareholders.

25. Letter, 17 October 1991, from Mercury Asset Management

Letter comments on companies' performance and ineffective boards.