Annual Liquidation Meetings

DUNEDIN PROPERTY FUND (NO2) LIMITED

(In Members Voluntary Liquidation)

Notice is hereby given in pursuance of Sections 93 and 94 of the Insolvency Act 1986 that combined Annual and Final General Meetings of the above Company will be held at Lomond House, 9 George Square, Glasgow G2 1QQ, on 3 January 2007, at 10.30 am, to consider and, if thought fit, to pass the following resolutions:

Ordinary Resolutions

1.  “That the remuneration of the Liquidator be approved.”

2.  “That the Liquidator’s statement of account for the period of the liquidation be approved.”

Extraordinary Resolution

“That the books, accounts and documents of the Company and of the Liquidator be disposed of as the Liquidator sees fit, subject to any legal requirements governing the period of retention.”

A member entitled to attend and vote at the above meeting may appoint a proxy to attend and vote instead of him/her.

John Charles Reid, Liquidator

20 November 2006.