In the High Court of Justice (Chancery Division) Companies Court. (a) No. 006303 of 1996, (b) No. 01056 of 1998, and (c) No. 01057 of 1998

In the Matter of (a) BARINGS PLC, (b) BISHOPSCOURT (BGH) LIMITED (formerly Baring Group Holdings Limited) and (c) BISHOPSCOURT (BB&CO.) LIMITED (formerly Baring Brothers and Co. Limited) and in the Matter of the Insolvency Act 1986Notice is hereby given, pursuant to Rule 11.2(1A) of the Insolvency Rules 1986, that the Liquidators of the above-named Companies (hereinafter called PLC”, BGH” and BB&Co”) which are being wound up pursuant to the orders of the Court dated 25th November 1996 (for PLC) and 16th March 1998 (for BGH and BB&Co.) intend to pay a First Dividend to Creditors within the period of 4 months from 17th June 1998.   Provided that such Dividend shall only be paid if the English High Court shall have first sanctioned a scheme of arrangement under section 425 of the Companies Act 1985 (hereinafter called the scheme of arrangement”) proposed to be made between PLC and BB&Co. and their respective scheme Creditors as defined in the scheme of arrangement in relation to the payment of amounts due from PLC and Barings BV on the 1986 Notes and the Perpetual Notes as defined in the scheme of arrangement and the scheme of arrangement shall have become effective in accordance with section 425(3) of the Companies Act 1985.   And take notice that pursuant to a direction of Sir Richard Scott VC dated 29th April 1998, the Creditors of PLC, BGH and BB&Co are required, on or before 17th June 1998, to prove their debts by sending to the undersigned, Nigel James Hamilton, Margaret Elizabeth Mills and Alan Robert Bloom, of Ernst & Young, Becket House, 1 Lambeth Palace Road, London SE1 7EU, the Liquidators of PLC, BGH and BB&Co, a proof of debt in the prescribed form and, if so required by the Liquidators, to verify their claim of debt by an affidavit of debt. A Creditor who has not proved his debt before the date mentioned above is not entitled to disturb, by reason that he has not participated in it, the First Dividend or any other Dividend declared before his debt is proved, and the Liquidators will not be obliged to deal with the proofs of debt lodged after the last date for proving, 17th June 1998. N. J. Hamilton, M. E. Mills, A. R. Bloom,   Liquidators Becket House, 1 Lambeth Palace Road,   London SE1 7EU. 22nd May 1998.