SMART ALEC CLOTHING LIMITED

Notice is hereby given of our intention to declare a First and Final Dividend to the non-preferential Creditors of the above-named Company who, not already having done so, are required on or before 26 July 2006, to send their proofs of debt to Paul Michael Davis, the Joint Supervisor of the said Company, at Begbies Traynor, 32 Cornhill, London EC3V 3BT, and if so requested to provide such further details or produce such documentary or other evidence as may appear to the Supervisors to be necessary. A Creditor who has not proved his debt by the date specified will be excluded from the Dividend, which we intend to declare within 4 months of this date. P M Davis, Joint Supervisor 27 June 2006.