GRAHAM WHITE ASSOCIATES LIMITED

Notice is hereby given, pursuant to Rule 11.2 of the Insolvency Rules 1986 (as amended), that I, Richard Paul Rendle, the Joint Liquidator of the above named, intend paying an Interim Dividend to the unsecured Creditors within 4 months of the last date of proving specified below. Creditors who have not already proved are required, on or before 31st March 1998, the last day for proving, to submit their proof of debt to me at Baker Tilly, Scottish Life House, 154 Great Charles Street, Birmingham B3 3HN and, if so requested by me, to provide such further details or produce such documentary or other evidence as may appear to be necessary. A Creditor who has not proved his debt before the date specified above is not entitled to disturb, by reason that he has not participated in it, the dividend so declared. R. P. Rendle, Joint Liquidator 20th February 1998.