The Insolvency Act 1986

Smith Maritime Limited

(In Liquidation)

Former Trading Address: Bridge Street, Peterhead, AB42 1DH

I, Michael J M Reid CA, Meston Reid & Co, 12 Carden Place, Aberdeen, AB10 1UR hereby give notice that by interlocutor dated 30th April 2004, I was appointed interim liquidator of the above company by the court of session.

Notice is hereby given pursuant to section 138(3) of the Insolvency Act 1986 and rule 4.12 of The Insolvency (Scotland) Rules 1986 that the first meeting of creditors of the above company will be held at 10.30am on Friday 28th May 2004 at 12 Carden Place, Aberdeen, AB10 1UR for the purposes of choosing a liquidator and considering the other resolutions specified in rule 4.12(3) of the aforementioned rules.

Meantime, any creditor of the above named company is invited to submit details of their claim to the address below.

Michael J M Reid CA, Interim Liquidator

Meston Reid & Co, 12 Carden Place, Aberdeen, AB10 1UR

10th May 2004