EUROPEAN VILLAS LIMITED

Notice is hereby given, pursuant to section 105 of the Insolvency Act 1986, that General Meetings of the Members and Creditors of the above-named Company will be held at 84 Grosvenor Street, London W1X 9DF, on Friday, 30th January 1998, at 10 a.m. and 10.15 a.m. respectively, for the purposes of having laid before them an account showing how the winding-up has been conducted and the Company’s property disposed of, and of hearing any explanation that may be given by the Liquidator. A Member or Creditor entitled to attend and vote at either of the above Meetings may appoint a proxy to attend and vote instead of him or her. A proxy need not be a Member or Creditor of the Company. Proxies for use at either of the Meetings must be lodged with the Joint Liquidator, Martin Henry Linton, of Leigh & Co., Regency House, 871 High Road, North Finchley, London N12 8QA, by not later than 4 p.m. on the business day before the date appointed for the Meetings. M. H. Linton, Joint Liquidator 9th January 1998.