WILLIAM GRANT (MINING) LIMITED

(In Liquidation)

I, John C Reid, of Deloitte & Touche, Lomond House, 9 George Square, Glasgow G2 1QQ give notice that I was appointed Liquidator of the above Company at a meeting of creditors held on 11th March 2003.

I was appointed to succeed as Liquidator, Graham H Martin who resigned from office as Liquidator on 11th March 2003 and who has been released.

John C Reid, Liquidator

11th March 2003