GARTMORE SNT PLC

A Petition having been presented to the Court of Session on 28th January 2003 by Gartmore SNT PLC, a public limited company incorporated under the Companies Acts and having its registered office at Charles Oakley House, 125 West Regent Street, Glasgow, G2 2SG, for confirmation of the cancellation of its share premium account, the Court pronounced the undernoted Interlocutor on 4th April 2003.

Edinburgh, 4 April 2003   Temporary Lord Ordinary J G Reid QC

Act: Sellar, QC

The Temporary Lord Ordinary having resumed consideration of the Petition and proceedings; no Answers having been lodged and having heard Counsel for the Petitioner, Gartmore SNT PLC (“the Company”); Approves of the Report by Mr D S Williamson, QC, WS, number 6/33 of process; Directs in terms of section 136(6) of the Companies Act 1985 that the provisions of Section 136(3) to (5) of the Companies Act 1985 shall not apply as regards any class of the creditors of the Company; Confirms the cancellation of the Company’s share premium account, resolved by a Special Resolution of the Company dated 19th December 2002; Directs the Registrar of Companies to register that order, and on it being so registered, appoints notice thereof to be given by advertisement once in the Edinburgh Gazette and once in the Herald Newspaper; and Decerns.

D M MacLeod, DSC

All of which intimation is hereby given.

McGrigor Donald, Solicitors, for the Petitioner Pacific House

70 Wellington Street, Glasgow G2 6SB