Sequestrations

-2.09729057.131606AB11 7SLAberdeen CityMorayBankruptcy (Scotland) Act 1985-3.31500557.662168IV30 4LB2004-03-162004-03-152004-03-26TSO (The Stationery Office), St Crispins, Duke Street, Norwich, NR3 1PD, 01603 622211, customer.services@tso.co.uk256032517/244

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

Trust Deed for Creditors by

IAN JAMES GILRAY & LAURA MAE GILRAY

Trust Deeds have been granted by Ian James Gilray and Laura Mae Gilray, residing at 36 Esmonde Gardens, Elgin, IV30 4LB on 15th March 2004 conveying (to the extent specified in Section 5(4A) of the Bankruptcy (Scotland) Act 1985) their Estates to me, Alan William Adie, of AFS, Bon Accord House, Riverside Drive, Aberdeen, AB11 7SL as Trustee for the benefit of their respective 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 each 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 the 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court decrees for unpaid debts) against the debtor and confers certain protection upon each trust deed from being superseded by the sequestration of the debtor’s estate.

Alan W Adie, Trustee

AFS, Bon Accord House, Riverside Drive, Aberdeen AB11 7SL

16th March 2004