GROUNDRUSH LIMITED

(In Liquidation)

Registered Office: 1st Floor, James Miller House,

98 West George Street, Glasgow, G2 1PJ

I, John M Hall, hereby give notice that I was appointed Interim Liquidator of Groundrush Limited on 26th March 2004, by Interlocutor of the Sheriff of Glasgow and Strathketvin at Glasgow.

Notice is also given that the First Meeting of Creditors of the above company will be held at the offices of Haines Watts, James Miller House, 98 West George Street, Glasgow, G2 1PJ, on 6th May 2004 at 2pm for the purposes of choosing a Liquidator and of determining whether to establish a liquidation Committee.

Creditors whose claims are unsecured, in whole or in part, are entitled to attend and vote in person or by proxy providing that their claims and proxies have been submitted and accepted at the meeting or lodged beforehand at the undernoted address. A resolution will be passed when a majority in value of those voting have voted in favour of it. For the purpose of formulating claims, creditors should note that the date of commencement of the Liquidation is 24th February 2004.

John M Hall, Interim Liquidator