Braes Groundworks Limited

(In Liquidation)

I, Blair Carnegie Nimmo, Chartered Accountant, Saltire Court, 20 Castle Terrace, Edinburgh, EH1 2EG, United Kingdom, hereby give notice, that on 14th March 2003, I was appointed liquidator of the above named Company by Resolution of the first Meeting of Creditors. No Liquidation Committee was established.

Accordingly, I do not intend to summon a further meeting for the purpose of establishing a Liquidation Committee unless one-tenth, in value of the creditors require it in terms of Section 142(3) of the Insolvency Act 1986.

B C Nimmo, Liquidator

Saltire Court, 20 Castle Terrace, Edinburgh EH1 2EG

United Kingdom

14th March 2003