RAM Developments Limited

(In Receivership)

I, Blair Carnegie Nimmo, Chartered Accountant, KPMG Corporate Recovery, 24 Blythswood Square, Glasgow, G2 4QS hereby give notice that Gerard Anthony Friar and I were appointed joint receivers of the whole property and assets of RAM Developments Limited in terms of Section 51 of the Insolvency Act 1986 on 11th August 2003.

In terms of Section 59 of the said Act, Preferential Creditors are required to lodge their formal claims with me within six months of this date.

Blair Carnegie Nimmo, Joint Receiver

KPMG Corporate Recovery, 24 Blythswood Square, Glasgow

G2 4QS

13th August 2003