Notice of Intended Dividends

METROPOLITAN ASSOCIATED HOMES PLC

Notice is hereby given, pursuant to Rule 11.2(1) of the Insolvency Rules 1986, that the Liquidator of the above-named Company intends paying a First and Final Dividend to Creditors. The Creditors of the Company are required, on or before, 25 July 2001, to submit their proofs of debt to the undersigned, Mervyn E Smith, of 294 a High Street, Sutton, Surrey SM1 1PQ, the Liquidator of the Company and, if so required, to provide such further details or produce such documentary or other evidence as may appear to the Liquidator to be necessary. A Creditor who has not proved his debt before the date mentioned above is not entitled to disturb, by reason that he has not participated in it, this or any other dividend declared before this debt is proved. It is the Liquidator’s intention to declare a First and Final Dividend within the period of 4 months from the last date of proving. M E Smith, Liquidator 2 July 2001.