Bankruptcy (Scotland) Act 1985: Schedule 5, Paragraph 5(3)

Trust Deed for Creditors by

HEATHER ROSS

A Trust Deed has been granted by Heather Ross, residing at Flat 16, 81 Seagate, Dundee DD1 2EH on 28th June 2002 conveying (to the extent specified in Section 5(4A) of the Bankruptcy (Scotland) Act 1985) her estate to me, Peter C Dean, PCD, Gresham Chambers, 45 West Nile Street, Glasgow G2 1PT, as Trustee for the benefit of her creditors generally.

If a creditor wishes to object to the trust deed for the purposes of preventing it becoming a protected trust deed (see notes below on the objections required for that purpose) notification of such objection must be delivered in writing to the Trustee within 5 weeks of the date of publication of this Notice in The Edinburgh Gazette.

Notes: The trust deed will become a protected trust deed unless within the period of 5 weeks of the date of publication of this Notice in The Edinburgh Gazette a majority in number or not less than one third in value of the creditors notify the Trustee in writing that they object to the trust deed and do not wish to accede to it.

The effect of this is that paragraphs 6 and 7 of Schedule 5 to the Act will apply to the trust deed. Briefly, this has the effect of restricting the rights of non-acceding creditors to do diligence (ie to enforce court decrees for unpaid debts) against the debtor and confers certain protection upon the trust deed from being superseded by the sequestration of the debtor’s estate.

Peter C Dean, Trustee

Personal & Corporate Development Ltd, Gresham Chambers,

45 West Nile Street, Glasgow G2 1PT

3rd July 2002