European Aerospace Limited

(In Liquidation)

Notice is hereby given that I, Scott McGregor of Begbies Traynor, 4th Floor, 78 St Vincent Street, Glasgow G2 5UB was appointed Liquidator of the above company by Interlocutor pronounced in Hamilton Sheriff Court on 12th January 2004. Pursuant to Section 138(4) of the Insolvency Act 1986 and Rule 4.12 of the Insolvency (Scotland) Rules 1986 notice is hereby given that the first meeting of creditors of the company will be held in the offices of Begbies Traynor, 4th floor, 78 St Vincent Street, Glasgow G2 5UB on 20th February 2004 at 10am for the purpose of choosing a liquidator who may either be the Liquidator or any other person qualified to act as liquidator. The meeting may also consider other resolutions referred to in Rule 4.12(3).

To be entitled to vote at the meeting, creditors must have lodged their claims with me at the meeting or at the undernoted address prior to the meeting. Voting may either be in person by the creditor, or in form of proxy. To be valid, the proxy must be lodged with me at the meeting or at the undernoted address prior to the meeting. A resolution at the meeting is passed if a majority in favour of those voting vote in favour of it.

Your attention is also drawn to rules 4.15-4.17 and 7 of the Insolvency (Scotland) Rules 1986.

I. Scott McGregor, Liquidator

Begbies Traynor, 4th Floor, 78 St Vincent Street, Glasgow G2 5UB

4th February 2004