PAPEREXCHANGE.COM LIMITED

Notice is hereby given that I, the Joint Liquidator of the above-named Company, intended to declare and distribute a Dividend to Creditors of the above-named Company within the period of 4 months from the last date for proving mentioned below. All Creditors of the Company are required, on or before 13 August 2004, which is the last date for proving, to prove their debt by sending to the undersigned, Ian Vickers, at Numerica, PO Box 2653, 66 Wigmore Street, London W1A 3RT, the Joint Liquidator of the Company, a written statement of the amount they claim to be due from the Company and, if so requested, to provide such further details or produce such documentary or other evidence as may appear to the Joint Liquidator to be necessary. A Creditor who has not proved his debt before the last date for proving mentioned above is not entitled to disturb, by reason that he has not participated in the Dividend, the distribution of that Dividend or any other Dividend declared before his debt is proved. I Vickers, Joint Liquidator 15 July 2004.