14 APRIL 2019

Cash Position

Attached is the summary of cash balances held at 31 March 2019.

Cash balances decreased by approximately £38,000 during the quarter. Income totalled £9,000. Dividends paid totalled £39,000. Other liquidation expenses totalled £8,000.

PDF Report to Creditors

Final Dividend

It is intended that one further dividend will be paid to creditors in respect of each class of interest. The timing and amount of the dividend cannot yet be determined with certainty, as the freezing orders in respect of former KSFIOM customer accounts have not yet been satisfactorily resolved. I will update creditors as soon as the position is clarified.

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
Liquidator