Meetings of Creditors

WILLIAM HALLEY & SONS LIMITED

Registered Office: Arrol Road, West Gourdie Industrial Estate, Dundee DD2 4TH.

Notice is hereby given that, in terms of Section 98 of the Insolvency Act 1986, a meeting of the Creditors of William Halley & Sons Limited will be held at 152 Bath Street, Glasgow G2 4TB at 11.30 am on 21 December 2006 for the purposes of choosing a person to be Liquidator of the Company, and of determining whether to establish a Liquidation Committee in terms of sections 99, 100 and 101 of the Insolvency Act 1986. The attention of Creditors is drawn to the following:

1.  All creditors whose claims are unsecured, in whole or in part, are entitled to attend in person or by proxy.

2.  A Creditor is entitled to vote only if he has submitted his claim (Form 4.7 (Scot)) to the address mentioned below and his claim has been accepted in whole or in part.

3.  A Resolution at the Meeting is passed if a majority in value of those voting vote in favour of it.

4.  Proxies may be lodged at or before the meeting at the offices of MacRoberts, Solicitors, 152 Bath Street, Glasgow G2 4TB marked for the attention of Mr David Flint.

5.  Claims may be lodged by those who have not already done so at or before the meeting at the said offices.

6.  The provisions of Rule 4.15 - 4.17 (as amended by Schedule 1) and of Rule 7 of the Insolvency (Scotland) Rules 1986.

7.  A list of names and addresses of the Company’s Creditors will be available for inspection, free of charge, at the offices of MacRoberts, Solicitors, 152 Bath Street, Glasgow G2 4TB during the two business days prior to the said meeting.

If you are in any doubt as to any of these matters, you should consult your Solicitor immediately.

Allan Winterton, Secretary

27 November 2006.