Globe Property Company (London) Limited

(In Liquidation)

I, Thomas Merchant Burton, Chartered Accountant, hereby give notice that I was appointed Interim Liquidator of Globe Property Company (London) Limited on 5th June 2002 by an Interlocutor of the Court of Session.

Notice is also given that the First Meeting of Creditors of the above company will be held at George House, 50 George Square, Glasgow, G2 1RR on 17th July 2002 at 10:00 am for the purposes of choosing a liquidator and of determining whether to establish a Liquidation Committee.

Creditors whose claims are unsecured, in whole or in part, are entitled to attend and vote in person or by proxy providing that their claims and proxies have been submitted and accepted at the meeting or lodged beforehand at the undernoted address. A resolution will be passed when a majority in value of those voting have voted in favour of it. For the purpose of formulating claims, creditors should note that the date of commencement of the liquidation is 11th January 2001.

T M Burton, Interim Liquidator

Ernst & Young, George House, 50 George Square, Glasgow G2 1RR

2nd July 2002