Notice of Intended Dividends

HANDBAG FILMS LIMITED

(In Administration and subject to a Company Voluntary Arrangement) Notice is hereby given that I intend to declare a Dividend to unsecured Creditors herein within a period of 4 months from the last date of proving. Last Day for Receiving Proofs—19 July 2002. Name of Joint Administrator and Joint Supervisor and Address—P S Dunn, Tenon Recovery, Sherlock House, 7 Kenrick Place, London W1U 6HE. P S Dunn, Joint Administrator and Joint Supervisor 28 June 2002.