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This excerpt taken from the ICI 20-F filed Mar 31, 2006. Loans and guarantees to Officers At 31 December 2005 an interest free housing loan to an Officer of the Company amounting to £100,000 (2004 £100,000) was outstanding. In accordance with the Companys policy of providing housing assistance to staff on international assignment, throughout 2004, a subsidiary guaranteed a housing loan for an Officer to the extent of £143,000. During 2005, the Officer repaid the loan and the subsidiary was released from its guarantee.
This excerpt taken from the ICI 6-K filed Mar 14, 2006. Loans and guarantees to Officers At 31 December 2005 an interest free housing loan to an Officer of the Company amounting to £100,000 (2004 £100,000) was outstanding. In accordance with the Companys policy of providing housing assistance to staff on international assignment, throughout 2004, a subsidiary guaranteed a housing loan for an Officer to the extent of £143,000. During 2005, the Officer repaid the loan and the subsidiary was released from its guarantee.
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