17 APRIL 2015

Cash Position

Attached is the summary of cash balances held at 31 March 2015.

Cash balances decreased by approximately £10,000 during the quarter. Loan interest and other income was approximately £158,000. Catch up dividend distributions were approximately £115,000. Liquidation expenses were approximately £53,000.

PDF Cash Position

Loan Book

Attached is the summary of the loan book position at 31 March 2015.

During the quarter to March 2015, no facilities were redeemed in part or in full. However, in early April, one facility was repaid in full realising £2.5 million.

The loan tables shown have been converted to Sterling using exchange rates as at 31 March 2015.

PDF Loan Book

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