PHOENIX RISING LIMITED

Notice is hereby given, pursuant to sections 105 and 106 of the Insolvency Act 1986, that the Annual and Final Meeting of the Members and the Annual and Final Meeting of the Creditors of the above-named Company will be held at the offices of Haslers, Johnston House, 8 Johnston Road, Woodford Green, Essex IG8 0XA, on 18 March 2004, at 10.45 am and 11.00 am respectively for the purpose of laying before the Meetings an account showing how the winding-up of the Company has been conducted and the Company’s property disposed of and hearing any explanations that may be given by the Liquidator and also directing the manner in which the books, accounts and documents of the Company and of the liquidation shall be disposed of. A Member or Creditor entitled to attend and vote at either of the above Meetings may appoint a proxy to attend and vote instead of him or her. A proxy need not be a Member of Creditor of the Company. Proxies for use at either of the Meetings must be lodged with the Liquidator at Haslers, Johnston House, 8 Johnston Road, Woodford Green, Essex IG8 0XA, no later than 12.00 noon on the business day preceding the date of the Meetings. R A J Hooper, Liquidator 6 February 2004.