THE LOGISTICS BUSINESS LIMITED

Notice is hereby given, pursuant to section 175 of the Companies Act 1985, that, on 1 June 2005, the above-named Company approved a payment of £56,456 out of capital for the purpose of redeeming 50,000 of its own Preference Shares at par and for the purpose of purchasing 20,300 of its own “B” Ordinary Shares of £1 each at par, the balance of £13,844 being payable out of distributable profits; that the Statutory Declarations of the Directors and the Auditors report, required by section 173 of the Companies Act 1985, are available for inspection at the Company’s registered office at Richmond Point, 43 Richmond Hill, Bournemouth, Dorset BH2 6LR; and that any Creditor of the Company may, at any time within the 5 weeks immediately following the aforementioned date, apply to the Court, under section 176 of the Companies Act 1985, for an Order prohibiting the payment.
Dr R L Ballard, Director