ACEIDA LIMITED

Notice is hereby given that:

(a) At an Extraordinary General Meeting of the above-named Company held at 24 Queen Anne Street, London W2M 0AX, a Special Resolution was duly passed that a payment of £27,950 out of the Company’s capital (as defined in section 171 and 172 of the Companies Act 1985) in respect of the purchase by the Company from Pankaj Ratilal Shah of 70 Ordinary Shares of £1 each under section 162 of the Companies Act 1985 be authorised.
(b) The amount of the permissable capital payment, as defined by section 171 and 172 of the Companies Act 1985, was £29,750.
(c) The Statutory Declaration and Auditors report, required by section 173 of the Companies Act 1985, both of which are dated 24th May 2000, are available for inspection at the registered office, 105 St. Peters Street, St. Albans, Hertfordshire AL1 3EJ; and at 24 Queen Anne Street, London W1M 0AX.
(d) Any Creditor of the Company may apply to the High Court, under sections 176 and 177 of the Companies Act 1985, within the period of 5 weeks immediately following 24th May 2000, for an Order prohibiting the payment.
25th May 2000.