Eurec Group Limited

(In Receivership)

REC Engineering limited

(In Receivership)

I, Colin Peter Dempster, Ten George Street, Edinburgh EH2 2DZ, give notice that an 24th January 2003 my partner, Tom Marchant Burton and I were appointed Joint Receivers of the above-named companies.

The property over which we were appointed Joint Receivers is the whole or substantially the whole of the company’s property.

In terms of Section 59 of the Insolvency Act 1986, preferential creditors should lodge their claims with me within six months of the date of this notice.

C P Dempster, Joint Receiver

Ernst & Young, Ten George Street, Edinburgh, EH2 2DZ

27th January 2003