Notice to Creditors

TRIBUNE RISK AND INSURANCE SERVICES LIMITED

(In Liquidation)

Registered Office and Trading Address: 40/5 Hardengreen Business Park, Dalhousie Road, Eskbank, Dalkeith, Midlothian EH22 3NU

I, J Bruce Cartwright, CA, PricewaterhouseCoopers LLP, 68-73 Queen Street, Edinburgh EH2 4NH, Joint Liquidator of Tribune Risk and Insurance Services Limited, advise creditors that in terms of an interlocutor issued by Lord Reed dated 15 February 2005 I have prepared a report detailing our outlays and remuneration which have been determined by the Liquidation committee for the period 13 February 2004 to 7 April 2004. The creditors’ right of appeal against the committee’s determination is set out in Rule 4.35 of the Insolvency (Scotland) Rules 1986 and Section 53 of the Bankruptcy (Scotland) Act 1985 (as amended), as applied to Liquidations by Rule 4.68 and in terms of the interlocutor issued by Lord Reed the creditors’ have 14 days from the date of notice to lodge appeals. Creditors of the company may obtain a copy of the report from the offices of PricewaterhouseCoopers LLP, Erskine House, 68-73 Queen Street, Edinburgh between 9.00 am and 5.30 pm on any normal business day excluding bank or public holidays.

J B Cartwright, Joint Liquidator

PricewaterhouseCoopers LLP, 68-73 Queen Street, Edinburgh EH2 4NH.

18 February 2005.