SOUTHERN OUTLET CENTRES LIMITED

Notice is hereby given, pursuant of section 48 of the Insolvency Act 1986, that a Meeting of the Creditors of the above-named Company will be held at the offices of Smith and Williamson, 25 Moorgate, London EC2R 6AY, on Friday 25 May 2007, at 10.30 am, for the purpose of having the report laid before them, and hearing any explanation that may be given by the Joint Administrative Receivers and for the election of a Creditors’ Committee, should the general body of the Creditors require it. Creditors whose claims are wholly secured are not entitled to attend or be represented at the Meeting. A person is entitled to vote at the Meeting only if he has given to the Joint Administrative Receivers, not later than 12.00 noon on the business date before the above day fixed for the Meeting, details in writing of the debt that he claims to be due to him from the Company. A Creditor entitled to attend and vote at the above Meeting may appoint a proxy or proxies to attend and vote instead of him.

J EMilner, Joint Administrative Receiver

10 May 2007.