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Wednesday 25 January 1995 00:02 GMT

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ProShare, the wider share-ownership lobby representing 10 million private shareholders, has asked to join the CBI top pay committee chaired by Sir Richard Greenbury. But it is likely to be rebuffed when the full list of members is announced today.

ProShare also hit out at the Institute of Directors' new executive pay guidelines, saying "a dialogue on directors' pay driven by directors lacks credibility''

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