Paragraph 4 Amendment to Rule 1.13

For Rule 1.13 there is substituted—

“(1)

Subject as follows, in fixing the venue for the creditors' meeting and the company meeting, the person summoning the meeting (“the convener”) shall have regard primarily to the convenience of the creditors.

(2)

Meetings shall in each case be summoned for commencement between 10.00 and 16.00 hours on a business day.

(3)

The meetings may be held on the same day or on different days. If held on the same day, the meetings shall be held in the same place, but in either case the creditors' meeting shall be fixed for a time in advance of the company meeting.

(4)

Where the meetings are not held on the same day, they shall be held within 7 days of each other.

(5)

With every notice summoning either meeting there shall be sent out forms of proxy.”.