Notice of Intended Dividends

VALHAVEN LIMITED

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—31 July 2002. Name of Liquidator and Address—Freddy Khalastchi, Harris Lipman, 45 Beacontree Plaza, Gillette Way, Reading, Berkshire RG2 OBS. F Khalastchi, Liquidator 5 July 2002.