B&W LOUDSPEAKERS LIMITED RETIREMENT BENEFITS SCHEME

In accordance with section 27 of the Trustee Act 1925, the Trustees of B&W Loudspeakers Limited Retirement Benefits Scheme (“the Scheme”) hereby gives notice of its decision to wind up the Scheme with effect from 25 April 2002. The Trustee has written directly to all Scheme Members advising them of this decision and providing them with information about the wind up process. If you believe that you are entitled to benefits under the Scheme and you have not received any formal correspondence from the Trustee you should notify the Trustee in writing not later than 2 months from the date of this advertisement of your belief that you are entitled to benefits from the Scheme. When writing please provide confirmation of your National Insurance No, full name, date of birth, and confirmation of employment and period of employment with the Principal Employer, B&W Loudspeakers Limited or its subsidiaries, together with any other information you have that may help to validate your claim. Your notification should be sent for the attention of the Trustee, B&W Loudspeakers Limited Retirement Benefits Scheme, c/o Entegria Limited, 3rd Floor, 110 Fenchurch Street, London EC3M 5JT. With effect from two months after the date shown below the Trustee will have regard only to the claims and interests of which it has had notice in exercising its powers and duties under the Scheme and, as regards any property or assets distributed by the Trustee in accordance with the provisions of the Scheme, the Trustee shall not be liable to any person of whose claim it shall not have then had notice. For and on behalf of the Trustees of B&W Loudspeakers Limited Retirement Benefits Scheme. 20 May 2002.