CONNELL LIMTED

Pursuant to section 175 of the Companies Act 1985 Connell Limited (“the Company”) hereby gives notice that: The Company approved by written Resolution of the Company on 15th February 2000, pursuant to section 173 of the Companies Act 1985 a payment out of capital for the purpose of acquiring 4,720 of its own “B” Ordinary shares by purchase. The amount of the permissible capital payment for the shares in question is £3,143,730.53. The statutory declaration of the Directors and the Auditors’ report required by section 173 of the Companies Act 1985 are available for inspection at 1 Providence Place, Skipton, North Yorkshire BD23 2HL. Any Creditor of the Company may at any time prior to the date falling five weeks after the date of the Resolution for payment out of capital apply to the court under section 176 of the Companies Act 1985 for an Order prohibiting the payment. Connell Limited