Notice of Intended Dividends

PIF PHARMACEUTICALS LIMITED

Notice is hereby given, that I intend to declare a Third and Final Dividend to the Creditors of the above Company, within four months from 15th July 1998. If you are mentioned as a possible Creditor of the Company and have not submitted a claim in the liquidation please submit a statement of claim to the Joint Liquidators, St. Nicholas House, Park Row, Nottingham NG1 6FQ, by 15th July 1998, or you will be excluded from this Dividend. R. J. Hassall, Joint Liquidator 1st July 1998.