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

Trust Deed for Creditors by

Janette Mary Frame

A Trust Deed has been granted by Janette Mary Frame, 71 Hinker Way, Eyemouth, Berwickshire TD14 5EH, formerly residing at Lumsdoon, Browns Bank, Eyemouth, Berwickshire formerly trading as Photos by Janette, 5 Walker Gate, Berwick Upon Tweed on 25th June 2004 conveying (to the extent specified in Section 5(4A) of the Bankruptcy (Scotland) Act 1985) her estate to me, T Ritchie Campbell CA, Scott & Paterson, Conference House, 152 Morrison Street, The Exchange, Edinburgh EH3 8EB, as trustee for the benefit of her creditors generally.

If a creditor wishes to object to the 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: The 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 the 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court decrees for unpaid debts) against the debtor and confers certain protection upon the trust deed from being superseded by the sequestration of the debtor’s estate.

T Ritchie Campbell CA, Trustee

Scott & Paterson, Conference House, 152 Morrison Street, The Exchange, Edinburgh EH3 8EB

28th July 2004