Notice of Intended Dividends

VALUTA 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—23 February 2004. A Creditor who does not make a claim by that date will not be included in the proposed Dividend. Name of Liquidator and Address—J C Wade-Duffee, JWD Associates, PO Box 166, Hedge End, Southampton SO30 4WZ. J C Wade-Duffee, Liquidator 8 January 2004.