Meetings of Creditors

Intertrade Properties Ltd

(In Liquidation)

Registered Office: Kroll Buchler Phillips, Afton House,

26 West Nile Street, Glasgow G1 2PF

I, Douglas B Jackson, Chartered Accountant, Allan House, 25 Bothwell Street, Glasgow G2 6NL hereby give notice, pursuant to Rule 4.18 of the Insolvency (Scotland) Rules 1986, that by Interlocutor of the Sheriff at Glasgow dated 30th September 2003 I was appointed Interim Liquidator of the above company.

Notice is hereby given, pursuant to Section 138(4) of the Insolvency Act 1986 and Rule 4.12 of the Insolvency (Scotland) Rules 1986, that the first meeting of creditors of Intertrade Properties Ltd (In Liquidation) will be held within the offices of Moore Stephens, Allan House, 25 Bothwell Street, Glasgow G2 6NL on 10th November 2003 at 11.00am for the purpose of choosing a Liquidator and determining whether to establish a Liquidation Committee.

A resolution at the meeting is passed if a majority in value of those voting have voted in favour of it.

A creditor will be entitled to vote at the meeting only if a claim has been lodged with me at the meeting or lodged beforehand at the undernoted address. For the purpose of formulating claims, creditors should note the date of commencement of the liquidation is 10th September 2003. Proxies may also be lodged with me at the meeting or before the meeting at my office.

Douglas B Jackson, Interim Liquidator

Moore Stephens Corporate Recovery, Allan House, 25 Bothwell Street, Glasgow, G2 6NL

9th October 2003