Redemption or Purchase of Own Shares out of Capital

-4.25521355.859983G1 3NQCompanies Act 1985Glasgow City2006-04-242006-04-28G13NQTSO (The Stationery Office), St Crispins, Duke Street, Norwich, NR3 1PD, 01603 622211,

Redemption or Purchase of Own Shares out of Capital


(Registered in Scotland with No SC195222)

Notice is hereby given, pursuant to the provisions of section 175 of the Companies Act 1985 (“the Act”), that: (i) Engineering Tools & Consumables Limited (the “Company”) has approved by Written Resolutions of its shareholders pursuant to section 173 of the Act, payments out of capital for the purpose of acquiring 200,000 ordinary shares of £1 each of its issued share capital by purchase; (ii) The amount of the permissible capital payment for such shares is £200,000; (iii) The Written Resolutions granting approval pursuant to section 173 of the Act were passed on 24 April 2006; (iv) The Statutory Declaration of the Directors of the Company and the Auditors’ report both required by section 173 of the Act are available for inspection by any member or creditor of the Company at the Company’s registered office at c/o Sinclair Wood & Co, 90 Mitchell Street, Glasgow G1 3NQ, during normal business hours; (v) Any creditor of the Company is entitled at any time within the period of 5 weeks immediately following the date of the said written resolutions for payment out of capital, to apply to the court under section 176 of the Act, for an Order prohibiting the payment.

Biggart Baillie, Solicitors

Agents for Engineering Tools & Consumables Limited.