19 DECEMBER 2014

Cash Position

Attached is the summary of cash balances held at 30 November 2014.

PDF  Cash Position

Cash balances decreased by approximately £16.8 million during the month. Loan repayments, interest and other income was approximately £0.6m. The tenth dividend and catch up dividend distributions were approximately £17.4 million. Liquidation expenses were approximately £15,000.

Loan Book

Attached is the summary of the loan book position at 30 November 2014.

PDF Loan Book

During November 2014, one facility was redeemed in part realising approximately £0.4 million.

The loan tables shown have been converted to Sterling using exchange rates as at 28 November 2014.

Contacts

The best way to make contact is to write to the bank at PO Box 197, Third Floor, Sixty Circular Road, Douglas, Isle of Man, IM99 1SN, or email ksf@iom.pwc.com . If you need to telephone the bank, please use the number +44 1624 699222. All other numbers in previous use are now switched off or auto-forward to +44 1624 699222. Please be aware that all telephone calls are recorded for security purposes.

Mike Simpson
Joint Liquidator