PHASE TWO ELECTRONICS LIMITED

Notice is hereby given that I intend to declare an Interim Dividend in this matter. I require Creditors to prove their debts not later than 24th July 1998 (the last date for proving). I intend to declare an Interim Dividend within 4 months of the last date for proving, and shall declare and distribute that dividend without regard to the claim of any person in respect of a debt not already proved. Forms of proof of debt are available from me on request, and completed proofs should be returned to me J. D. Travers, at Haines Watts, Newater House, 11 Newhall Street, Birmingham B3 3NY. I shall not be obliged to deal with any proofs received after the last date for proving, but I may do so, if I think fit. J. D. Travers, Supervisor 23rd June 1998.