Redemption or Purchase of
Own Shares out of Capital

SOVEREIGN INNS LIMITED

Notice is given, pursuant to the Companies Act 1985, section 175, that a Special Resolution was passed by the above-named Company (“the Company”) on 2 September 2002:

1. approving the form of contract providing for the purchase by the Company of 512 of its “A” Ordinary Shares and 6,000 of its “B” Ordinary Shares for the aggregate sum of £11,077.93; and
2. authorising the payment of the sum of £11,077.93 out of capital.

The Statutory Declaration of the Directors of the Company and the Auditors’ report, required by the Companies Act 1985, section 1973(5), are available for inspection at the registered office of the Company at 65 King Richards Road, Leicester LE3 5QG. Any Creditor of the Company may, at any time within the 5 weeks immediately following 2 September 2002, apply to the Court, under the Companies Act 1985, section 176, for an Order cancelling the Resolution or for other relief.
J Rhodes, Company Secretary