WEST PRIVATE EQUITY LIMITED

Pursuant to section 175 of the Companies Act 1985, West Private Equity Limited (“the Company”) hereby gives notice that by written Resolution of the Company, dated 12 April 2006, pursuant to section 173 of the Companies Act 1985, the Company has approved a payment out of capital for the purpose of purchasing, in aggregate, 3,582,088 of its own ordinary shares of £1 each. The amount of the permissible capital payment for the shares in question is £2,533,079. The Statutory Declaration of the Directors’ and Auditors’ report, required by section 173 of the Companies Act 1985, are available for inspection at the Company’s registered office, West Private Equity Limited, 2nd Floor, Burleigh House, 357 Strand, London WC2R 0HS. Any Creditor of the Company may, at any time prior to 19 May 2006, apply to the Court under section 176 of the Companies Act 1985 for an Order prohibiting the payment.