Notice to Creditors

LAKEMUIR LIMITED

(In Liquidation)

I, Colin Anthony Fisher Hastings, hereby give notice pursuant to Rule 4.19 of the Insolvency (Scotland) Rules 1986, that I was appointed Liquidator of the above Company at the First Meeting of Creditors held on 26 January 2005. No Liquidation Committee was established on that date.

Accordingly, I give notice under Rule 4.18 of the Insolvency (Scotland) Rules 1986, that I do not intend to summon a Meeting of Creditors for the sole purpose of establishing a Liquidation Committee. However, under the terms of section 142(3) of the Insolvency Act 1986, I am required to call such a Meeting if requested by one tenth in value of the Company’s Creditors.

Colin A F Hastings, Liquidator

Hastings & Co, Chartered Accountants, 13 Bath Street, Glasgow G2 1HY.

26 January 2005.