Appointment of Receivers

A & J BOWEN & COMPANY LIMITED

(In Receivership)

I, Neil A Armour, Chartered Accountant, of KPMG, 37 Albyn Place, Aberdeen, AB10 1JB, hereby give notice that Blair C Nimmo and I were appointed Joint Receivers of the whole property and assets of the Company in terms of Section 51 of the Insolvency Act 1986 on 25th May 2004.

In terms of Section 59 of the said Act, Preferential Creditors are required to lodge their formal claims with me within six months of this date.

Neil A Armour, Joint Receiver

KPMG, 37 Albyn Place, Aberdeen AB10 1JB

25th May 2004