SINGER & FRIEDLANDER SECURITIES LIMITED

Notice is hereby given, pursuant to section 94 of the Insolvency Act 1986, that a Final Meeting of the Members of the above-named Company will be held at 8 Salisbury Square, London EC4Y 8BB, on 10 September 2007, at 10.00 am, for the purposes of receiving an account showing the manner in which the winding-up has been conducted and the property of the Company disposed of, and of hearing any explanation that may be given by the Joint Liquidators. Proxy forms if applicable must be lodged at KPMG LLP, Restructuring, 8 Salisbury Square, London EC4Y 8BB, fax +44 (0) 20 7694 3533 no later than 12.00 noon on 9 September 2007.

J S Spratt, Joint Liquidator

30 July 2007.