HADGROVE LIMITED

(Reg No 783735)

NOTICE PURSUANT TO SECTION 175 OF THE COMPANIES ACT 1985

1. The Company has approved a payment out of capital for the purposes of acquiring its own shares by purchase. 2. The permissible capital payments amounting to £73,400 were approved by Special Resolution on 7 May 2003. 3. The statutory declaration of the Director and the Auditors’ Report are available for Inspection at the Company’s registered office at 14 Queens Road, Hersham, Walton on Thames, Surrey KT12 5LS. 4. Any Creditors may at any time within 5 weeks of the date of the Special Resolution apply to the Court under CA1985 S176 for an Order prohibiting the payment. C H Goodwin, Director