The chap who gave me this flash, together with one that follows later did NOT explain to me why there were the TWO variants. This one has Bright Yellow lettering

I cannot remember......but looking at the boat and the sea to the fore......Alexandria has to be somewhere down near the coast.
"Quartermaster's Comment":-  This Shield is 104 X 112 mm in size. They all seem to be very well made......Probably in Taiwan!!!