Notice to Creditors

ABS Cables Limited

(In Liquidation)

Business Address: 28 Elderpark Grove, Glasgow, G51 3LY

I, Kenneth Robert Craig, of Tenon Recovery, 41 St Vincent Place, Glasgow, G1 2ER hereby give notice that on 11th August 2003, I was appointed Liquidator of ABS Cables Limited by a Resolution of the First Meeting of the Creditors held in terms of section 138(3) of the Insolvency Act 1986. No Liquidation Committee was established. Accordingly, I hereby give notice that 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.

K R Craig, Liquidator

Tenon Recovery, 41 St Vincent Place, Glasgow, G1 2ER