CWF (UNDERWRITING AGENCIES) LIMITED

Notice is hereby given, pursuant to the Insolvency Rules 1986, that the Liquidator of the above-named Company intends to declare and distribute a Final Dividend to Creditors within the period of 4 months from the last date for proving mentioned below. Every person claiming to be a Creditor of the above-named Company is required, on or before 30th June 1998, which is the last date for proving, to submit his proof of debt to the Liquidator of the above-named Company at 62 Wilson Street, London EC2A2BU, and if so requested, to provide such further details or produce such documentary or other evidence as may appear to the Liquidator to be necessary. A Creditor who has not proved his debt before the last date for proving mentioned above, is not entitled to disturb, by reason that he has not participated in the dividend, the distribution of that dividend or any other dividend declared before his debt is proved. The winding-up of the Company is a Members’ voluntary winding-up. The distribution proposed to be made is to be the final distribution in the winding-up of the above-named Company, and accordingly the Liquidator may make the distribution without regard to the claim of any person in respect of a debt not already proved. I. D. Williams, Liquidator