EAST WEST OIL LIMITED

Notice is hereby given pursuant to section 175 of the Companies Act 1985, that the above-named Company has approved a payment out of capital for the purpose of acquiring its own shares by purchase. The amount of the permissible capital payment for the shares in question is £742,560 and the Special Resolution approving such payment out of capital was passed on 13th July 1998. The Statutory Declaration of the Directors and Auditor’s report required by sections 173 and 174 of the said Act are available for inspection, at the Company’s registered office at 7 St. Botolph’s Road, Sevenoaks, Kent TN13 3AJ. Any Creditor of the Company may at any time within the five weeks immediately following 13th July 1998, apply to the Court under sections 176 and 177 of the said Act, for an Order prohibiting the payment. 13th July 1998.