TOWLES PLC (Registered No. 231690)

Notice is hereby given, pursuant to section 46(1) of the Insolvency Act 1986, that John Phillip Walter Harlow and Kirankumar Mistry, of HKM Harlow Khandia Mistry, 1 a Salisbury Road, LeicesterLE1 7QW, were appointed as Joint Administrative Receivers of the above Company on 4th March 1998, by London City Equities Limited, under the terms of a debenture dated 14th August 1996, conferring fixed and floating charges over the whole of the assets of the Company. J. P. W. Harlow, Joint Administrative Receiver 4th March 1998.