Trust Deeds

Bankruptcy (Scotland) Act 1985, Section 5, Paragraph 5(3)

Notice by the Trustee under Trust Deeds for the Benefit of Creditors

Trust Deeds for Creditors by

STANLEY REID AND CATHERINE ANN REID

Trust Deeds have been granted by Stanley Reid and Catherine Ann Reid, residing at Mayfield Farm Cottage, Reston, Eyemouth, Berwickshire TD14 5LG, on 13 October 2005, conveying (to the extent specified in section 5(4A) of the Bankruptcy (Scotland) Act 1985) their estates to me, John Michael Hall, of Haines Watts, Chartered Accountants, 9 Coates Crescent, Edinburgh EH3 7AL, as Trustee for the benefit of their respective Creditors generally.

If a Creditor wishes to object to either 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: Each 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court decrees for unpaid debts) against the Debtor and confers certain protection upon the Trust Deed from being superseded by the sequestration of the Debtor’s estate.

J M Hall, Trustee

Haines Watts, Chartered Accountants, 9 Coates Crescent, Edinburgh EH3 7AL.

27 October 2005.