Redemption or Purchase of Own Shares out of Capital

2003-03-192003-03-172003-03-24EC2R6PPCompanies Act 1985The City and County of the City of London-0.08950951.516415EC2R 6PPTSO (The Stationery Office), St Crispins, Duke Street, Norwich, NR3 1PD, 01603 622211,

The above-named Company (the “Company”) has approved payment out of capital for the purpose of purchasing 21,999,000 of its own issued ordinary shares of EUR 1 each. The amount of permissible capital payment for the shares in question is EUR 21,999,000 and the date of the Resolution for payment out of capital was 17 March 2003. The Statutory Declaration of the Directors of the Company and the Auditor’s Report, required by section 173 of the Companies Act 1985, are available for inspection at the Company’s registered office. Any Creditor of the Company may, at any time within the 5 weeks immediately following the date of the Resolution for payment out of capital, apply to the Court, under section 176 of the Companies Act 1985, for an Order prohibiting the payment. By Order of the Board. R A Shelmerdine, Secretary BACA (London) Limited, registered office 41 Moorgate, London EC2R 6PP. 19 March 2003.