HERALD INNS AND BARS LIMITED (IN ADMINISTRATIVE RECEIVERSHIP)

Notice is hereby given pursuant to Legislation section: Section 48 Legislation: of the Insolvency Act 1986, that a Meeting of the Creditors of the Company will be held at the Radisson SAS Hotel Manchester Airport, Chicago Avenue, Manchester, M90 3RA, on 16 October 2008, at 11.00 am, to receive the report of the Joint Administrative Receivers and to decide if a committee of creditors should be appointed. Creditors whose claims are wholly secured are not entitled to attend or to be represented at the meeting. Creditors who intend to vote at the meeting should note the following: A written statement of claim must be lodged with the Joint Administrative Receivers by 12 noon on the business day before the meeting at George House, 50 George Square, Glasgow, G2 1RR., Proxies for use at the meeting must be completed and lodged with the Joint Administrative Receivers before the meeting.

Copies of the report can be obtained from the undersigned prior to the meeting at George House, 50 George Square, Glasgow, G2 1RR.

C P Dempster, Joint Administrative Receiver