Notice of Intended Dividends

MAGNA METALS LIMITED

Take notice that I, the undersigned Liquidator, intend to declare a First and Final Dividend to the unsecured Creditors’ in the above matter. Creditors who have not yet lodged their proof of debt should do so in writing, to the office of the Liquidator by 7th April 2000. Creditors who do not prove by that date will be excluded from the benefit of the distribution. It is my intention to declare a First and Final Dividend not later than 7th June 2000. This notice is in accordance with Rule 11.2 of the Insolvency Rule, 1986 (as amended). H. E. Hayes, Liquidator Poppleton & Appleby, 141 Great Charles Street, Birmingham B3 3LG. 13th March 2000.