Prince Sultan bin Abdulaziz, the Second Deputy Premier, Defense and Aviation Minister and Inspector General, said last night he had exchanged information and reviewed with visiting British Defense Secretary John Reid, the existing bilateral relations, notably military cooperation between the two countries. The remarks of Prince Sultan came here on Saturday evening following a dinner party he held in honor of Reid and the accompanying delegation. He described the Saudi-British ties as 'good relations,' and said Britain is aware of the importance of the Kingdom of Saudi Arabia. --MORE 1132 Local Time 0832 GMT