07 JANUARY 2009

Telephone conference dial in details for 12 January 2009

A further conference call with the Depositors Action Group has been scheduled for 12 January 2009 at 4.00 pm GMT.

If you wish to listen to the call, you will need to register in advance. Please click the link to register.


Participation will be on a listen only basis. The facility is provided by a third party and accordingly there is a cost per head charge for usage. Should any party register and then not attend the liquidation will still be charged.

The lines are limited and I would request that only those depositors who are able to make the call register. An audio recording of the call will be available on the website for those of you who are unable to attend.

Interim Payment from the Isle of Man Treasury

Forms have been sent to all depositors in relation to the Early Payment Scheme. Any queries should be directed to the hotline provided by the Treasury on +44 (0)1624 685858.

Information has also been provided by the Isle of Man Treasury at http://www.gov.im/cso/faq_gfs.xml

Edge and online Accounts

Online access is available in "READ ONLY" format and will remain open until the end of February 2009.


Statements as at 9 October 2008 were issued immediately prior to 25 December 2008. A letter explaining the treatment on certain accounts, such as fixed term deposits, accompanied the statements.

A "Client data and payment details update" form was included requesting confirmation of account holder details and a request for bank account details for the receipt of future distributions which may be made electronically.


As previously, the best way to make contact is to write to the bank or to email branch@singers.co.im. If you need to telephone the bank, please use the main switchboard number +44 1624 699222.


Mike Simpson

Joint Liquidator Provisionally