Appointment of Receivers

Lomond Inns Ltd

(In Receivership)

I, Kenneth Robert Craig, Chartered Accountant of Tenon Recovery, 41 St Vincent Place, Glasgow. G1 2ER give notice that on 30th January 2003 Thomas Campbell MacLennan and I were appointed as Joint Receivers of the whole property and assets of the above company, in terms of section 51 of the Insolvency Act 1986.

In terms of section 59 of the said Act, preferential creditors are required to intimate their claims to me within 6 months of the date of this notice.

K R Craig, Joint Receiver

Tenon Recovery, 41 St Vincent Place, Glasgow G1 2ER