Bankruptcy (Scotland) Act 1985: Schedule 5, paragraph 5(3)

Trust Deeds for Creditors by

SANDRA MONRO & JAMES MONRO

Trust Deeds have been granted by Sandra Monro and James Monro, residing at 4 Ashgrove, Monifieth, DD5 4TD on 13th December 2003 conveying (to the extent specified in Section 5(4A) of the Bankruptcy (Scotland) Act 1985) their estates to me John H Ferris, C.A., Ferris Associates, 12 Edison House, Fullerton Road, Glenrothes, Fife, KY7 5QR, as Trustee for the benefit of their creditors generally.

If a creditor wishes to object to either trust deed for the purposes of preventing it becoming a protected trust deed (see notes below on the objections required for that purpose) notification of such objection must be delivered in writing to the Trustee within 5 weeks of the date of publication of this Notice in The Edinburgh Gazette.

Notes: Each trust deed will become a protected trust deed unless within the period of 5 weeks of the date of publication of this Notice in The Edinburgh Gazette a majority in number or not less than one third in value of the creditors notify the Trustee in writing that they object to the trust deed and do not wish to accede to it.

The effect of this is that paragraphs 6 and 7 of Schedule 5 to the Act will apply to each trust deed. Briefly, this has the effect of restricting the rights of non-acceding creditors to do diligence (ie to enforce court decrees for unpaid debts) against the debtor and confers certain protection upon each trust deed from being superseded by the sequestration of the debtor’s estate.

John H Ferris, C.A., Trustee

Ferris Associates, 12 Edison House, Fullerton Road, Glenrothes, Fife KY7 5QR

17th December 2003