PHOENIX HOMES & DEVELOPMENT LIMITED

In accordance with Legislation: Paragraph 58(1) of Schedule B1 to the Legislation section: Insolvency Act 1986, notice is hereby given that the business of a Meeting of Creditors in the above matter to consider the Statement of Proposals and to consider establishing a Committee of Creditors is to be conducted by correspondence. In order for creditors to be able to vote, a completed Form 2.25B must be lodged, together with details of their claims, at Ashtons Recovery LLP, 22 Basepoint Business Centre, Aviation Park West, Enterprise Way, Christchurch, Dorset BH23 6NX no later than 12 noon on 25 March 2011.

S J Lowes, Joint Administrator

7 March 2011