METALTECH INTERNATIONAL PLC PENSION FUND

(formerly Bronx Engineering Retirement Benefits Scheme and Verson International Group Pension Fund)

SECTION 27 OF THE TRUSTEE ACT 1925

Notice is given, pursuant to section 27 of the Trustee Act 1925, that the MetalTech International Pension Fund (“the Scheme”) is winding-up. Any person who has, or may have, a claim, entitlement or interest in the Scheme is required to provide written particulars to Portland Pensions, Grosvenor House, Redditch, Worcester B97 4DL, on or before 15 June 2002. After this date the Trustees will distribute the assets of the Scheme having regard only to claims, whether formal or not, of which the Trustees then have notice and shall not be liable in respect of any person whose claim has not been notified to them in writing in accordance with this notice. If you are in receipt of a pension from the Scheme or have already received an Announcement to Members from the Trustees in March 2002 you need not reply to this notice.