Televiradio (Shetland) Limited

(In Liquidation)

155 Commercial Street, Lerwick, Shetland, ZE1 0EX

I, Keith V Anderson of Scott & Paterson, Chartered Accountants, Conference House, 152 Morrison Street, Edinburgh, hereby give notice, pursuant to Rule 4.18 of The Insolvency (Scotland) Rules 1986, I was appointed Interim Liquidator of the above company by Interlocutor of Lerwick Sheriff Court dated 11th May 2004.

Notice is hereby given, pursuant to Section 138(4) of the Insolvency Act 1986 and Rule 4.12 of the Insolvency (Scotland) Rules 1986, that the First Meeting of Creditors of the said company will be held at Conference House, 152 Morrison Street, Edinburgh, on Monday 7th June 2004 at 11.00am for the purpose of choosing a Liquidator and considering the other resolutions specified in Rule 4.12(3) of the aforementioned Rules.

Creditors whose claims are unsecured, in whole or in part, are entitled to attend and vote in person or by proxy providing that their claims (and proxies) have been submitted and accepted at the Meeting or lodged beforehand at the undernoted address. A resolution will be passed when a majority in value of those voting have been voted in favour of it. For the purpose of formulating claims, creditors should note that the date of commencement of the Liquidation is 4th March 2004.

Keith V Anderson, Interim Liquidator

Scott & Paterson, Chartered Accountants, Conference House,

152 Morrison Street, Edinburgh EH3 8EB

14th May 2004