Appointment of Receivers

SimplyFX Group Limited

(In Receivership)

SFXAgency.com Limited

(In Receivership)

SimplyFX Europe Limited

(In Receivership)

SimplyFX North America Limited

(In Receivership)

SimplyFX Limited

(In Receivership)

SimplyFX Buy Limited

(In Receivership)

SimplyFX Sell Limited

(In Receivership)

Millennium Currency Limited

(In Receivership)

SimplyFX.com Limited

(In Receivership)

I, Blair Carnegie Nimmo, Chartered Accountant, KPMG Corporate Recovery, 24 Blythswood Square, Glasgow, G2 4QS, United Kingdom, hereby give notice that Gary Steven Fraser and I were appointed joint receivers of the whole property and assets of the above noted companies in terms of Section 51 of the Insolvency Act 1986 on 8th July 2003.

In terms of Section 59 of the said Act, Preferential Creditors are required to lodge their formal claims with me within six months of this date.

Blair Carnegie Nimmo, Receiver

KPMG Corporate Recovery, 24 Blythswood Square, Glasgow

G2 4QS, United Kingdom

17th July 2003