Algrasmart Limited

(In Liquidation)

Registered Office: Kintyre House, 209 West George Street, Glasgow G2 2LW

Trading Address: c/o Wilson Homebuilders, Lochpark Green Street, Larkhall ML9 3LP

Notice is hereby given that a Meeting of Creditors of the above company pursuant to Rule 4.28(1) of the Insolvency (Scotland) Rules 1986 will be held within Kintyre House, 209 West George Street, Glasgow G2 2LW on Monday, 17th March 2003 at 10.30am for the purpose of considering resolutions including a determination regarding my release as Liquidator in terms of Section 174(4)(c) of the Insolvency Act 1986 and Rule 4.29(4) of the said Rules.

A creditor will be entitled to vote at the meeting only if a claim has been lodged with me at the meeting or before the meeting at my office and it has been accepted for voting purposes in whole or in part. Proxies may also be lodged with me at or before the meeting at my office.

G Ian Rankin, Liquidator

PricewaterhouseCoopers LLP, Kintyre House, 209 West George Street, Glasgow G2 2LW

14th February 2003