TCREUR_Public/041004.mbx         T R O U B L E D   C O M P A N Y   R E P O R T E R

                           E U R O P E

            Monday, October 4, 2004, Vol. 5, No. 196

                            Headlines

B E L G I U M

KBC BANK: Individual Rating Raised to 'B'; Outlook Stable


F R A N C E

PERONNE INDUSTRIE: CEO Considers Filing for Bankruptcy
VIVENDI UNIVERSAL: Chairman Wants to Double Shareholding


G E R M A N Y

ARING ARCHITEKTUR: Hires Administrator from Pluta Rechtsanwalts
B.A.K. ISOLIER: Creditors' Claims Due Next Month
CREMER GRUNDSTUCKSGEMEINSCHAFT: Under Bankruptcy Administration
EB FISCHFEINKOST: Magdeburg Court Brings in Administrator
HK BAU: Construction Firm Applies for Bankruptcy Proceedings

HORIZONT GERUSTBAU: Sets Creditors' Meeting November
KARSTADTQUELLE AG: Schroeder Scores Former Management
"MARIENBILD" GMBH: Koln Court Appoints Provisional Administrator
PHILIPP HOLZMANN: Sells Last Remaining Unit to Geiger
RUSCHMEIER ANHANGERBAU: Administrator Takes over Helm
THERMO-TECHNIK: First Creditors Meeting Set Later this Month


I T A L Y

ALITALIA SPA: Signing of Pact Endorsing Rehab Plan Tomorrow
PARMALAT FINANZIARIA: Assets of Former Executives Seized


N E T H E R L A N D S

GETRONICS N.V.: DSM Extends ICT Infrastructure Management Pact
HAGEMEYER N.V.: Names New CEO for Central European Operations
HAGEMEYER N.V.: Gets AU$700 Million for Tech Pacific
KONINKLIJKE AHOLD: Settles Dispute with Public Prosecutor
PETROPLUS INTERNATIONAL: Delays Equity, Senior Notes Offering


N O R W A Y

FINDEXA II: Moody's Withdraws Rating on Debt Securities


R U S S I A

6TH CHANNEL: Names V. Ostoverkh Insolvency Manager
AERONAUTICAL TECHNICAL: Under Bankruptcy Supervision
MEDTEKHNIKA: Hires O. Charkov as Insolvency Manager
NORTH-URAL: Undergoes Bankruptcy Supervision Procedure
NOVOZYBKOVSKAYA GARMENT: Declared Insolvent

POLITOVSKOYE BREAD: Proofs of Claim Due this Week
SENGILEEVSKIY CEMENT: Ulyanov Court Appoints Insolvency Manager
SEREBRYANO-PRUDSKIY PIT: Succumbs to Bankruptcy
SHAKHOVSKIY: Proofs of Claim Deadline to Expire this Month
TYUMEN-LIFT: Declared Insolvent
YUKOS OIL: Govt Delays Decision on Yuganskneftegaz's Licenses
YUKOS OIL: China National Demands Performance of Export Contract


S W I T Z E R L A N D

CONVERIUM AG: Rating Watch Revised to Positive
CONVERIUM HOLDING: Board Member from R+V Versicherung Resigns


U K R A I N E

DMK-TRADING: Dnipropetrovsk Court Orders Liquidation
HIMOTEKS: Temporary Insolvency Manager Takes over Operations
KOMTEHINVEST: Applies for Bankruptcy Proceedings
SOLE: Bankruptcy Proceedings Begin
SVITANOK: Sets Deadline for Filing of Claims
VINNITSYA AGRICULTURAL: Under Bankruptcy Supervision


U N I T E D   K I N G D O M

ABBEY COACHWORKS: Hires Ernst & Young as Administrator
AUTOMOTIVE PRECISION: Members Agree to Wind up Business
BESS LIMITED: Names Joint Administrators from Gerald Edelman
BJ'S TRADE: In Administrative Receivership
BROMLEY SCHOOL: Appoints Tenon Recovery Administrator

CAFE GRAND: Names Numerica Liquidator
COUNTY ROOFING: Calls in Liquidator from Carter Backer Winter
CROMLEY BMS: Director Disqualified from Occupying Executive Post
FAIRMILE FENCING: Hires KPMG as Liquidator
FASHION FORWARD: Meeting of Creditors Set

FIRBANK KEMPSTER: Sets Meeting of Creditor Mid-October
G2 SOLUTIONS: May Name Liquidator this Week
GOODSONIC LIMITED: Names Moore Stephens Liquidator
HCCM SYSTEMS: Creditors to Meet this Week
H.P. SOURCE: Appoints Tenon Recovery Liquidator

LARK CONSTRUCTION: Public Auction of Assets Set Tomorrow
LAW LINK: Extraordinary Winding up Resolution Passed
LUDA PET: Members Final Meeting Set Later this Month
MANAGEMENT SCIENCE: Names Numerica Administrator
MARCONI CORPORATION: Re-selling Newport's Session Controller

MARINE TECHNOLOGIES: Hires Begbies Traynor as Administrator
MASSEY AND KING: Names Grant Thornton Liquidator
MEADWALL LIMITED: Calls in Liquidator from Turpin Barker
MOLEC POWER: To Take up Administrator's Proposals Wednesday
PELLINI SHOES: Sets Creditors' Meeting

PINEAPPLE FABRICATIONS: Names Administrator from Haines Watts
PRIMESTOCK MANCHESTER: Administrator's Proposals Out this Week
QUEENSWAY CARPETS: Hires Liquidator from Moore Stephens
RED PEPPER: Calls in Liquidator from Leonard Curtis & Co.
REXCOM SERVICES: Extraordinary Winding up Resolution Passed

RMTA LIMITED: Members Pass Winding up Resolutions
RTW LIMITED: Hires Liquidator from BDO Stoy Hayward
SCOTT-GRANT: Hires Joint Administrators from Begbies Traynor
SKYEPHARMA PLC: Appoints New Non-executive Director
SPECTRUM PROJECTS: Sets Creditors Meeting Next Week
TCB SERVICES: Creditors May Appoint Liquidator this Week
UNIMAX TRADING: Statement of Affairs Out Wednesday


                            *********


=============
B E L G I U M
=============


KBC BANK: Individual Rating Raised to 'B'; Outlook Stable
---------------------------------------------------------
Fitch Ratings upgraded KBC Bank's (KBCB) Individual Rating to
'B' from 'B/C'.  At the same time the Short-term, Long-Term and
Support ratings are affirmed at 'F1+', 'AA-' and '2',
respectively.  The Outlook for the Long-Term rating remains
Stable.

The upgrade of the Individual rating is based on the bank's
strong franchise in Belgium, satisfactory profitability, solid
asset quality and sound capital.  The rating also takes into
account the risks related to the bank's presence in Central
Europe (CE).  However, these are declining thanks to improved
control and monitoring, as well as a less volatile operating
environment in a number of these countries.

With a market share ranging between 20% and 25% for most deposit
and loan products in Belgium, KBCB is one of the three largest
banks in the country.  KBCB has a higher market share in
Flanders and is clearly viewed as the leading Flemish bank.

Operating profit was up in H104 as a result of a rise in net
interest revenue, commissions and trading income, combined with
a decline in costs.  While Fitch is concerned that the bank's
income remains vulnerable to market volatility, the agency
believes that the bank should continue to profit from expense
reduction initiatives.  Moreover, in the long term, KBCB is
expected to benefit from more diversified income streams in CE,
particularly from the sale of asset management and bancassurance
products.

KBCB's asset quality remains sound with impaired loans
accounting for less than 4% of total loans at mid-2004.  The
problems at the bank's Polish subsidiary, Kredyt Bank, no longer
weighed on consolidated loan loss provisions during H104.  KBCB
has traditionally been more active in the capital markets than
many of its peers, but by diversifying and controlling the
related risks, it has reduced its overall exposure.  Thus, the
bank's market risk is manageable.

KBCB's Tier 1 ratio of 9.40% at end-June 2004 is strong, but
Fitch considers a sound capital base necessary for KBCB due to
the risks in CE.  Management raised its targeted minimum Tier 1
ratio in 2002 to 8% from 7% previously.  Nevertheless, any
significant drop from current solvency levels would put negative
pressure on the ratings.

CONTACT:  FITCH RATINGS
          Alain Branchey; Paris
          Phone: +33 1 44 29 9129

          Claudia Nelson; London
          Phone: +44 207 417 4269

          Campbell McIlroy (Media Relations/London)
          Phone: +44 20 7417 4327

          KBC BANK
          Web site: http://www.kbc.be


===========
F R A N C E
===========


PERONNE INDUSTRIE: CEO Considers Filing for Bankruptcy
------------------------------------------------------
Peronne Industrie will file for bankruptcy, declared newly hired
CEO Alain Gillet last week.

It is not clear when the company will file its petition, but Les
Echos says the Amiens commercial court will have jurisdiction
over it.  Once filed, the court will decide whether or not to
put the company into compulsory liquidation.

The company has been booking losses for several years now.  In
August 2003, managers reportedly tried to dismantle and move a
number of assembly lines to Italy while employees were on
vacation.

Formerly named Flodor de Peronne, Perrone Industrie belongs to
Italian snack group Unichips and manufactures the Flodor Crisps.

CONTACT:  PERONNE INDUSTRIE S.A.
          RCS Peronne B 306 350 612

          UNICHIPS INTERNATIONAL B.V.
          Via Turati, 29
          20121 Milano
          Phone: 02 62651
          Fax: 02 6551139
          E-mail: mailbox@unichips.com
          Web site: http://www.unichips.com


VIVENDI UNIVERSAL: Chairman Wants to Double Shareholding
--------------------------------------------------------
Given that first half of 2004 financial statements were
published on September 14 and that they were thoroughly
discussed in the public arena, Jean-Rene Fourtou, Vivendi
Universal's (Paris Bourse: EX FP; NYSE: V) Chairman and Chief
Executive Officer, has informed the Board of Directors he
intends to purchase shares of the company on the stock market
for his own account, several times over a number of days.  These
purchases could double Mr. Fourtou's current holdings of 185,629
shares.

CONTACT:  VIVENDI UNIVERSAL S.A.
          Media/Paris
          Antoine Lefort
          Phone: +33 (0) 1 71 71 11 80
          or
          Agnes Vetillart
          Phone: +33 (0) 1 71 71 30 82
          or
          Alain Delrieu
          Phone: +33 (0) 1 71 71 10 86

          Investor Relations/Paris
          Daniel Scolan
          Phone: +33 (0) 1 71 71 32 91
          or
          Laurence Daniel
          Phone: +33 (0) 1 71 71 12 33

          Media/New York
          Flavie Lemarchand
          Phone: 212-572-1118

          Investor Relations/New York
          Eileen McLaughlin
          Phone: 212-572-8961


=============
G E R M A N Y
=============


ARING ARCHITEKTUR: Hires Administrator from Pluta Rechtsanwalts
---------------------------------------------------------------
The district court of Chemnitz opened bankruptcy proceedings
against architecture and engineering services firm ARING
Architektur- und Ingenieurburo GmbH on September 6.
Consequently, all pending proceedings against the company have
been automatically stayed.  Creditors have until October 15,
2004 to register their claims with court-appointed provisional
administrator Dr. Stephan Thiemann of Pluta Rechtsanwalts GmbH.

Creditors and other interested parties are encouraged to attend
the meeting on November 11, 2003, 11:30 a.m. at Saal 28,
Gerichtsgebaude Furstenstrasse 21, Chemnitz at which time the
administrator will present his first report of the insolvency
proceedings.  The court will also verify the claims set out in
the administrator's report during this meeting, while creditors
may constitute a creditors committee and or opt to appoint a new
insolvency manager.

CONTACT:  ARING ARCHITEKTUR- UND INGENIEURBURO GMBH
          Contact:
          Wolfgang Branny, Manager
          Dr. Andreas Munch, Manager
          Robert-Blum-Strasse 23, 09456 Annaberg-Buchholz

          PLUTA RECHTSANWALTS GMBH
          Dr. Stephan Thiemann, Insolvency Manager
          Leipziger Str. 62, 09113 Chemnitz
          Web site: http://www.pluta.net


B.A.K. ISOLIER: Creditors' Claims Due Next Month
------------------------------------------------
The district court of Dortmund opened bankruptcy proceedings
against B.A.K. Isolier- und Bautenschutz GmbH on September 10.
Consequently, all pending proceedings against the company have
been automatically stayed.  Creditors have until November 10,
2004 to register their claims with court-appointed provisional
administrator Achim Thomas Thiele.

Creditors and other interested parties are encouraged to attend
the meeting on October 27, 2004, 1:20 p.m. at the district court
of Dortmund at which time the administrator will present his
first report of the insolvency proceedings.  The court will
verify the claims set out in the administrator's report on
December 29, 2004, 9:00 a.m. at the same venue.

CONTACT:  B.A.K. ISOLIER- UND BAUTENSCHUTZ GMBH
          Landwehrstr. 84, 59192 Bergkamen
          Contact:
          Zeki Karatas, Manager
          Prasidentenstr. 63, 59192 Bergkamen
          Ruhi Aslantas, Manager
          Keplerstr. 3, 59192 Bergkamen

          Achim Thomas Thiele, Insolvency Manager
          Bronnerstrasse 7, 44141 Dortmund
          Phone: 54110
          Fax: 5411266

          DISTRICT COURT OF DORTMUND
          Nebenstelle, Gerichtsplatz 1, 44135 Dortmund, II.
          Etage, Saal 3.201


CREMER GRUNDSTUCKSGEMEINSCHAFT: Under Bankruptcy Administration
---------------------------------------------------------------
The district court of Aachen opened bankruptcy proceedings
against Cremer Grundstucksgemeinschaft GbR on September 10.
Consequently, all pending proceedings against the company have
been automatically stayed.  Creditors have until October 20,
2004 to register their claims with court-appointed provisional
administrator Johannes Klefisch.

Creditors and other interested parties are encouraged to attend
the meeting on November 23, 2004, 9:25 a.m. at the district
court of Aachen at which time the administrator will present his
first report of the insolvency proceedings.  The court will also
verify the claims set out in the administrator's report during
this meeting, while creditors may constitute a creditors
committee and or opt to appoint a new insolvency manager.

CONTACT:  CREMER GRUNDSTUCKSGEMEINSCHAFT GBR
          Kastanienweg 21, 52249 Eschweiler
          Contact:
          Inge Cremer, Manager
          Willi Cremer, Manager

          Johannes Klefisch, Insolvency Manager
          Rotter Bruch 6, 52068 Aachen
          Phone: 0241/949740
          Fax: 0241/870203

          DISTRICT COURT OF AACHEN
          Nebenstelle Augustastrasse
          Augustastrasse 78/80, 52070 Aachen
          II. Etage, Zimmer 21


EB FISCHFEINKOST: Magdeburg Court Brings in Administrator
---------------------------------------------------------
The district court of Magdeburg opened bankruptcy proceedings
against EB Fischfeinkost Calbe GmbH on September 6.
Consequently, all pending proceedings against the company have
been automatically stayed.  Creditors have until October 18,
2004 to register their claims with court-appointed provisional
administrator Michael Schreiber.

Creditors and other interested parties are encouraged to attend
the meeting on November 17, 2004, 9:40 a.m. at Saal E,
Insolvenzabteilung, Liebknechtstrasse 65-91, 39110 Magdeburg at
which time the administrator will present his first report of
the insolvency proceedings.

CONTACT:  EB FISCHFEINKOST CALBE GMBH
          VerschOnerungsweg 32, 39240 Calbe (HRB 13184)
          Contact:
          Matthias Knauft, Manager
          Verschonerungsweg 32, 39240 Calbe

          Michael Schreiber, Insolvency Manager
          Halberstadter Strasse 40a, 39112 Magdeburg
          Phone: 0391/6223886
          Fax: 0391/6223887


HK BAU: Construction Firm Applies for Bankruptcy Proceedings
------------------------------------------------------------
The district court of Essen opened bankruptcy proceedings
against construction firm HK Bau GmbH on September 13.
Consequently, all pending proceedings against the company have
been automatically stayed.  Creditors have until October 21,
2004 to register their claims with court-appointed provisional
administrator Thorsten Klepper.

Creditors and other interested parties are encouraged to attend
the meeting on November 5, 2004, 9:20 a.m. at the district court
of Essen at which time the administrator will present his first
report of the insolvency proceedings.  The court will also
verify the claims set out in the administrator's report during
this meeting, while creditors may constitute a creditors
committee and or opt to appoint a new insolvency manager.

CONTACT:  HK BAU GMBH
          Bauminghausstr. 72, 45326 Essen

          Thorsten Klepper, Insolvency Manager
          Friedrich-List-Str. 20, 45128 Essen
          Phone: 0201 4 38 40 16
          Fax: 0201 4 38 40 43

          DISTRICT COURT OF ESSEN
          Hauptstelle, Zweigertstr. 52
          45130 Essen, I.OG, gelber Bereich, Saal 185


HORIZONT GERUSTBAU: Sets Creditors' Meeting November
----------------------------------------------------
The district court of Chemnitz opened bankruptcy proceedings
against Horizont Gerustbau GmbH on September 9.  Consequently,
all pending proceedings against the company have been
automatically stayed.  Creditors have until October 20, 2004,
2:00 p.m. to register their claims with court-appointed
provisional administrator Joachim Schneider.

Creditors and other interested parties are encouraged to attend
the meeting on November 23, 2004, 2:00 p.m. at Raum 204, im
Gerichtsgebaude Furstenstrasse 21, Chemnitz at which time the
administrator will present his first report of the insolvency
proceedings.  The court will also verify the claims set out in
the administrator's report during this meeting, while creditors
may constitute a creditors committee and or opt to appoint a new
insolvency manager.

CONTACT:  HORIZONT GERUSTBAU GMBH (HRB 5894)
          Hans-Henning Brockmann, Greizer Strasse 15, 08499
          Mylau OT Obermylau

          Joachim Schneider, Insolvency Manager
          Tatzendpromenade 2 a, 07745 Jena


KARSTADTQUELLE AG: Schroeder Scores Former Management
-----------------------------------------------------
Chancellor Gerhard Schroeder hit KarstadtQuelle's previous
management for causing the company to undergo massive
restructuring, the Associated Press says.

Criticized for the country's unemployment rate of over 10%, Mr.
Schroeder pledged government support for the company, but did
not specify what these support were.  He called the
KarstadtQuelle's current state a "blatant management failure."

Economics Minister Wolfgang Clement, on Bayerishcer Rundfunk
radio, said the government would help save jobs through the
Federal Labor Agency but did not give further details.  "We are
ready to move, but now it's up to the company to act," he said.

KarstadtQuelle CEO Christoph Achenbach announced Tuesday a
massive restructuring that entails selling 77 of its 181
department stores across Germany and issuing EUR500 million of
shares.  The company did not provide figures as to how many jobs
would be affected by the sale, excluding the 4,000 already
announced.

CONTACT:  KARSTADTQUELLE AG
          Theodor-Althoff-Str. 2
          D-45133 Essen
          Phone: +49 - 201 - 727 - 1
          Fax: +49 - 201 - 727 - 5216
          Web site: http://www.karstadtquelle.com


"MARIENBILD" GMBH: Koln Court Appoints Provisional Administrator
----------------------------------------------------------------
The district court of Koln opened bankruptcy proceedings against
food caterer "MARIENBILD" GmbH on September 7.  Consequently,
all pending proceedings against the company have been
automatically stayed.  Creditors have until November 9, 2004 to
register their claims with court-appointed provisional
administrator Dr. Andreas Ringstmeier.

Creditors and other interested parties are encouraged to attend
the meeting on November 30, 2004, 11:00 a.m. at the district
court of Koln at which time the administrator will present his
first report of the insolvency proceedings.  The court will also
verify the claims set out in the administrator's report during
this meeting, while creditors may constitute a creditors
committee and or opt to appoint a new insolvency manager.

CONTACT: "MARIENBILD" GMBH
         Aachener Strasse 561, 50933 Koln
         Contact:
         Helmut Karl Alexander Schmitt, Manager

         Dr. Andreas Ringstmeier, Insolvency Manager
         Magnusstr. 13, 50672 Koln
         Phone: 0221/650 660
         Fax: +49221650661

         DISTRICT COURT OF KOLN
         Hauptstelle, Luxemburger Strasse 101
         50939 Koln, Erdgeschoss, Saal 14


PHILIPP HOLZMANN: Sells Last Remaining Unit to Geiger
-----------------------------------------------------
Construction group Philipp Holzmann has sold its last operating
subsidiary, Zeidler & Wimmel, to domestic rival Geiger, Die Welt
says.

Zeidler & Wimmel specializes in floor coverings and facades and
employs around 85 people.  Around 350 of Holzmann's subsidiaries
and divisions have been sold off or liquidated since the company
entered into insolvency proceedings two-and-a-half years ago.
Its U.S. subsidiary J.A. Jones was forced to file for insolvency
proceedings in September 2003.

Once the country's largest construction group, Holzmann now
employs only 150, a far cry from the 10,580 during its heydays.
Around 7,000 of these workers were absorbed by buyers of its
assets.  Over 9,000 claims worth several billion euros have been
filed against the company since insolvency proceedings began.

CONTACT:  ZEIDLER & WIMMEL GMBH & CO.
          Konsul-Metzing-Strasse 7-9
          D-97268 Kirchheim/Ufr.
          Phone: 09366/9069-0
          Fax: 09366/1329


RUSCHMEIER ANHANGERBAU: Administrator Takes over Helm
-----------------------------------------------------
The district court of Koln opened bankruptcy proceedings against
Ruschmeier Anhangerbau GmbH on September 9.  Consequently, all
pending proceedings against the company have been automatically
stayed.  Creditors have until October 4, 2004 to register their
claims with court-appointed provisional administrator Dr.
Henning Dohrmann.

Creditors and other interested parties are encouraged to attend
the meeting on November 4, 2004, 10:52 a.m. at the district
court of Koln at which time the administrator will present his
first report of the insolvency proceedings.  The court will also
verify the claims set out in the administrator's report during
this meeting, while creditors may constitute a creditors
committee and or opt to appoint a new insolvency manager.

CONTACT:  RUSCHMEIER ANHANGERBAU GMBH
          Contact:
          Michael Ruschmeier, Manager
          Hauptstr. 14, 51647 Gummersbach

          Dr. Henning Dohrmann, Insolvency Manager
          Moltkestr. 12, 51643 Gummersbach
          Phone: 02261/9279-0
          Fax: +49226192799

          DISTRICT COURT OF KOLN
          Hauptstelle, Luxemburger Strasse 101
          50939 Koln, 1. Etage, Saal 142


THERMO-TECHNIK: First Creditors Meeting Set Later this Month
------------------------------------------------------------
The district court of Charlottenburg opened bankruptcy
proceedings against Thermo-Technik Servicegesellschaft on
September 9.  Consequently, all pending proceedings against the
company have been automatically stayed.  Creditors have until
November 26, 2004 to register their claims with court-appointed
provisional administrator Joachim Voigt.

Creditors and other interested parties are encouraged to attend
the meeting on October 27, 2004, 9:25 a.m. at which time the
administrator will present his first report of the insolvency
proceedings.  The court will verify the claims set out in the
administrator's report on January 26, 2005, 9:35 a.m. at the
district court of Charlottenburg.

CONTACT:  THERMO-TECHNIK SERVICEGESELLSCHAFT
          Haftung, Holzstrasse 16,13359 Berlin

          Joachim Voigt, Insolvency Manager
          Rankestrasse 33, 10789 Berlin

          DISTRICT COURT OF CHARLOTTENBURG
          Amtsgerichtsplatz 1, 14057 Berlin, II. Stock Saal 218


=========
I T A L Y
=========


ALITALIA SPA: Signing of Pact Endorsing Rehab Plan Tomorrow
-----------------------------------------------------------
Alitalia's management, trade unions and the government will sign
the final agreement ratifying the carrier's restructuring plan
tomorrow, Les Echos says.

All but one of Alitalia's nine unions have agreed to support
management's plan to split the company into two.  On Wednesday
the government is expected to pass a measure that will help
3,700 redundant employees gain access to state unemployment
benefits.

The agreement will allow Alitalia to unlock a EUR400 million
state-backed bridging loan to finance its operations while
implementing its 2005-2008 business plan.

CONTACT:  ALITALIA S.p.A.
          Viale A. Marchetti 111
          00148 Rome, Italy
          Phone: +39 06 6562 2151
          Fax: +39 06 6562 4733
          Web site: http://www.alitalia.it


PARMALAT FINANZIARIA: Assets of Former Executives Seized
--------------------------------------------------------
An Italian court ordered last week the confiscation of the
assets of 17 former high-ranking officers of Parmalat
Finanziaria, local reports say.

In June, the court issued a similar ruling against 10 former
managers and board members.  Concurrently, it gave Enrico Bondi,
Parmalat's bankruptcy commissioner, the right to sue ex-Parmalat
officers and consultants for restitution up to EUR6.9 billion
(US$8.5 billion).

Mr. Bondi succeeded Wednesday to bring the total number of
Parmalat executive, sanctioned for their role in the collapse of
the company, to 27.  The court said these former high-ranking
officers, internal auditors and ex-board members, who worked
with or in the firm between 1998 and 2003, all cooperated in the
financial manipulations that led to the collapse of the group in
December.  Twenty-one of them currently face investigation by
prosecutors in Parma for bankruptcy fraud, accounting fraud,
money laundering and embezzlement.

In addition to this, Mr. Bondi has also sued Citigroup, UBS,
Deutsche Bank, and Parmalat's former auditors Deloitte Touche
Tohmatsu and Grant Thornton International for compensation of
more than EUR20 billion.  Prosecutors in Milan have requested
the indictments of at least 29 people suspected of market
rigging, false communications to the public, and obstructing
market regulators.  The first hearing is slated today.

CONTACT:  PARMALAT FINANZIARIA
          Sede legale: 43044 Collecchio (Pr)
          - Via Oreste Grassi, 26
          Codice fiscale e iscrizione nel Registro delle Imprese
          di Parma 00175250471 - Partita I.V.A. 01938950340 -
          R.E.A. Parma n. 188325 - U.I.C. n. 730

          Sede amministrativa: 20122 Milano
          Piazza Erculea, 9
          Phone: (39) 02.8068801
          Fax: (39) 02.8693863
          E-mail: x_affari_societari_it@parmalat.net


=====================
N E T H E R L A N D S
=====================


GETRONICS N.V.: DSM Extends ICT Infrastructure Management Pact
--------------------------------------------------------------
DSM, the global manufacturer of life science products,
performance materials and industrial chemicals, has once again
chosen Getronics as its strategic partner for the management of
PC seats and local ICT infrastructures in Europe and Asia-
Pacific.  In addition, Getronics' services will also be required
in North and South America.  Since 2002, Getronics has ensured
that DSM's worldwide standardized PC and server environment
stays up-to-date and operational.

DSM's one-year contract with Getronics will run from 1 January
2005 and has an initial value of about EUR13 million.  The
contract encompasses almost forty countries, including the U.S.,
Canada, Belgium, Italy, France, Hungary, Spain, South Africa,
Singapore, India, Australia, Japan, Vietnam, Mexico, Argentina
and Chile.

Jo van den Hanenberg, DSM's Chief Information Officer: "In 2000
and 2001, we standardized PCs and laptops worldwide as part of
the so-called 'Aurora' project.  Subsequently, the accompanying
provision of the associated services underwent a sweeping,
worldwide standardization.  This resulted in a structural
decrease in ICT costs.  By extending and expanding the service
contract signed with Getronics in 2002, DSM continues, together
with its partner, along this path of improvements and cost
reductions."

Oswald Coene, Member of the Getronics' Board of Management:
"DSM's decision to extend the existing Getronics contract once
again proves the trust clients place in us when it comes to
Network and Desktop Outsourcing, one of the spearheads of our
services portfolio.  In our long-term strategy, we are also
aiming at further growth in our international provision of
services.  This contract shows that we are heading in the right
direction."

About Getronics

With approximately 22,000 employees in over 30 countries and
ongoing revenues of EUR2.6 billion in 2003, Getronics is one of
the world's leading providers of vendor independent Information
and Communication Technology (ICT) solutions and services.

Getronics designs, integrates and manages ICT infrastructures
and business solutions for many of the world's largest global
and local companies and organizations, helping them maximize the
value of their information technology investments.

Getronics Netherlands ranks among the largest providers of ICT
services domestically.  Over 5,000 employees daily execute and
manage advanced ICT solutions for large and middle-sized
organizations.

Getronics' headquarters are in Amsterdam, with regional offices
in Boston, Madrid and Singapore.  Getronics' shares are traded
on Euronext Amsterdam (GTN).  For further information about
Getronics, visit http://www.getronics.com

About DSM

DSM is active worldwide in life science and nutritional
products, performance materials and industrial chemicals.  The
company creates innovative products and services that help
improve the quality of life.  DSM's products are being applied
in a wide range of end markets and applications such as human
and animal nutrition and health, cosmetics, pharmaceuticals,
automotive and transport, coatings, housing and electrics &
electronics (E&E).  The group has annual sales (pro forma
including the recent acquisition -- renamed DSM Nutritional
Products) of approximately EUR8 billion and employs around
25,000 people worldwide.  DSM ranks among the global leaders in
many of its fields.  DSM is headquartered in the Netherlands,
with locations in Europe, Asia and the Americas.  More
information about DSM can be found at http://www.dsm.com.

                            *   *   *

As reported by TCR-Europe on July 9, 2004, Standard & Poor's
Ratings Services assigned its 'B+' senior secured debt rating
and a recovery rating of '4' to the new EUR175 million (US$216
million) credit facilities of The Netherlands-based IT services
and products provider Getronics N.V. (B+/Positive/--).

The facilities comprise a EUR100 million revolving credit
facility and a EUR75 million acquisition facility, both maturing
in 2007.  The bank loan has been rated 'B+', the same level as
the corporate credit rating on the group because, despite the
loan's secured status, recovery expectations are less than 100%
in the event of default.

CONTACT:  GETRONICS N.V.
          Investor Relations
          Phone: +31 20 586 1581
          Fax:   +31 20 586 1455
          E-mail: investor.relations@getronics.com


HAGEMEYER N.V.: Names New CEO for Central European Operations
-------------------------------------------------------------
Hagemeyer N.V. (Euronext Amsterdam: HGM) has appointed Paul
Zekhuis CEO of Hagemeyer Central Europe in addition to his
current responsibilities.

Paul Zekhuis, member of the PPS Executive Committee, has been
responsible for Hagemeyer Germany since June 1, 2004 and prior
to that he was the CEO of HTG Nederland (Bernard).  He will take
over the overall responsibility for the operating companies in
the Central European region from Edo van den Assem, who will
leave Hagemeyer at year's end.

As a consequence of this appointment, the managing directors of
HTG Nederland (Bernard), Winterhalter + Fenner in Switzerland
and Hagemeyer Austria will report to Paul Zekhuis from December
1, 2004.

CONTACT:  Hagemeyer N.V.
          Rijksweg 69
          1411 GE Naarden, The Netherlands
          Phone: +31-35-695-76-11
          Fax: +31-35-694-43-96
          Web site: http://www.hagemeyer.nl


HAGEMEYER N.V.: Gets AU$700 Million for Tech Pacific
----------------------------------------------------
CVC Asia Pacific and Hagemeyer N.V. (Euronext Amsterdam: HGM)
announce the sale of Tech Pacific to U.S.-based Ingram Micro.
Tech Pacific is the leading distributor of IT products in the
Asia-Pacific region (excluding China).

The total consideration for Tech Pacific is approximately AU$700
million (approximately EUR405 million at current exchange
rates), based on Tech Pacific's enterprise value and to be
corrected for debt, cash and certain movements in other net
asset values as per the date of completion of the transaction.

In June 2003, Hagemeyer sold Tech Pacific to funds advised by
CVC Asia Pacific but retained an interest of 31.5% in Tech
Pacific, with 58.5% owned by CVC Asia Pacific funds and 10% by
management.

As per June 30, 2004 the book value of Hagemeyer's 31.5%
participation in Tech Pacific was EUR25.8 million.  As a result
of the announced transaction, Hagemeyer is expected to realize a
book gain of approximately EUR60 million at current exchange
rates.

Net cash proceeds of the sale of Tech Pacific for Hagemeyer are
expected to be approximately AU$ 150 million (approximately
EUR85 million at current exchange rates), of which a small part
will be kept in escrow.  The final amount is subject to various
adjustments upon completion of the transaction, which is
expected prior to December 31, 2004.

The cash proceeds will be used to pay off part of Hagemeyer's
senior debt.  The financing facilities available to Hagemeyer
will be reduced accordingly.

The sale of Tech Pacific is conditional upon a number of
regulatory approvals.

CVC Asia Pacific

CVC Asia Pacific is part of one of the world's largest private
equity groups, CVC Capital Partners Europe (CVC Europe).

CVC Asia Pacific is a joint venture between CVC Europe and
Citigroup, one of the world's leading financial institutions,
and manages US$750 million of funds in the Asia Pacific region.
CVC Europe manages over US$9 billion of private equity funds in
Europe.  Other recent notable CVC Asia Pacific transactions
include, in Australia, the acquisition and IPO of Pacific Brands
and the acquisition of the private hospital business, Affinity
Health, from Mayne, in Korea, the acquisitions of Hai Tai
confectionery, leading cinema chain CJCGV, in Hong Kong, the
acquisition of Asia Printers and in Singapore, the acquisition
of the Yellow Pages business.

Hagemeyer

Hagemeyer N.V. is a Dutch company listed on the Euronext
Amsterdam Stock Exchange.

Hagemeyer is a value added business-to-business distribution
services group focusing on the markets for electrical materials,
safety and other MRO (Maintenance Repair and Operations)
products.  With approximately 17,500 employees Hagemeyer serves
its more than 1 million customers with products from some 10,000
suppliers through 1,250 locations in 27 countries in Europe,
North America and Asia-Pacific, giving rise to annual sales in
excess of EUR5 billion.

Ingram Micro

Ingram Micro is listed on the New York Stock Exchange.

Ingram Micro is the world's largest technology distributor and a
leading technology sales, marketing and logistics company.  As a
vital link in the technology value chain, Ingram Micro creates
sales and profitability opportunities for vendors and resellers
through unique marketing programs, outsourced logistics
services, technical support, financial services and product
aggregation and distribution.  The company offers a broad array
of solutions and services to nearly 165,000 resellers by
distributing and marketing hundreds of thousands of IT products
worldwide from nearly 1,400 suppliers.

CONTACT:  Hagemeyer N.V.
          Rijksweg 69
          1411 GE Naarden, The Netherlands
          Phone: +31-35-695-76-11
          Fax: +31-35-694-43-96
          Web site: http://www.hagemeyer.nl


KONINKLIJKE AHOLD: Settles Dispute with Public Prosecutor
---------------------------------------------------------
The Dutch prosecution service has fined Koninklijke Ahold EUR8
million (US$9.85 million) to settle charges of financial
misrepresentation.

Ahold is accused of illegally using so-called side letters, or
secret deals alongside contracts, and publishing false accounts
and 20-F forms for the U.S. Securities and Exchange Commission.
On Thursday the prosecutors said the settlement price was the
maximum it could have fined the Dutch retailer.

Ahold executive board member and chief legal counsel Peter
Wakkie welcomed the decision.  He said: "We firmly believe that
this settlement is the best solution for all our stakeholders.
This will prevent a lengthy, costly and time consuming legal
procedure."

Meanwhile, analysts, while agreeable to the sanction, are at the
same time apprehensive of the implications of the ruling in
relation to other pending cases against the company.  They fear
the verdict could be used to strengthen civil cases against it,
including a U.S. class action suit.

Ahold already faces internal inquiry over the consolidation of
its units even before the profit overstatement scandal at its
U.S. Foodservice broke out last year.  The question was why did
the retailer fully consolidate several of its units, such as ICA
in Scandinavia, when it does not have majority control of these.

The public prosecution said: "Ahold recognizes, without
reservation, the improper use of side letters and accepts that
its decision to fully consolidate the joint ventures . . .
should not have been taken."

Ahold has fully consolidated its joint ventures with BomprecoPar
in Brazil, Velox in Argentina, ICA Forbundet Invest AB in
Scandinavia and La Fragua S.A. in Guatemala.  It conceded it
should not have done so.

CONTACT:  KONINKLIJKE AHOLD
          P.O. Box 3050 1500 HB Zaandam Netherlands
          Phone: +31 (0)75 659 57 20
          Fax: +31 (0)75 659 83 02
          Web site: http://www.ahold.com

          Corporate Communications
          Phone: +31.75.659.57.20


PETROPLUS INTERNATIONAL: Delays Equity, Senior Notes Offering
-------------------------------------------------------------
With reference to the press releases of 18 May 2004, 17 June
2004, 27 July 2004 and 3 September 2004, Petroplus International
N.V. and RIVR Acquisition B.V. jointly announce that they have
agreed that the outstanding pre-offer conditions for the launch
of the Equity Offer, the Consent Solicitation and the Senior
Notes Offer will need to be satisfied no later than 6 weeks from
Thursday.

As indicated in the press releases referred to above, the making
of the Equity Offer and Senior Notes Offer (the Offers) and the
Consent Solicitation is subject to the satisfaction of certain
pre-offer conditions.  It has taken longer than expected to
satisfy certain of these conditions, and in particular the
execution of definitive financing agreements and reaching
agreement with, and obtaining consents from, certain third
parties in respect of certain material contracts.

This press release also appears in Dutch.  In the event of any
inconsistency, the English version will prevail over the Dutch
version.

                            *   *   *

This is a joint press release of Petroplus International N.V.
and RIVR Acquisition B.V.  This is not for release, publication
or distribution, in whole or in part, in or into the United
States, Canada, Australia or Japan.  This announcement and
related materials do not constitute an offer for either the
ordinary shares in Petroplus International N.V. or the 10.5%
Senior Notes due 2010, but the expectation is justified that an
offer will be made in due course.

With reference to the press releases of 18 May 2004, 17 June
2004, 27 July 2004 and 3 September 2004, Petroplus and RIVR
announced: (i) an intended public offer by RIVR for all
outstanding ordinary shares in the share capital of Petroplus
with an offer price of EUR 8.00 in cash per ordinary share (the
Equity Offer); (ii) an intended consent solicitation from
holders of a majority of the 10.5% Senior Notes due 2010 (Senior
Notes) for proposed amendments to (or deletions of) certain
provisions set out in the trust deed (Consent Solicitation); and
(iii) an intended public offer for the Senior Notes at 101% of
the par value, consisting of an offer of 100% of the par value
for the Senior Notes and a 1% fee payable if the consent is
given (the Senior Notes Offer).

Profile of Petroplus

Petroplus was established 10 years ago and has since developed
into a leading player in the European midstream oil market.  The
midstream sector encompasses refining, marketing and logistics
(predominantly tank storage).

Petroplus is the owner of refineries in Antwerp (Belgium),
Cressier (Switzerland) and Teesside (United Kingdom) with a
total capacity of 240,000 barrels per day including its Antwerp
desulphurisation capacity.  Petroplus has a sales volume in
excess of 23 million tons a year of oil products and a storage
capacity of almost 5 million m3 throughout Western Europe.

Petroplus, with its head office in Rotterdam and regional head
offices in Zug and Hamburg, has branch offices in more than 20
countries and employs approximately 1000 employees.  Petroplus
is publicly listed in the NextPrime segment of the Official
Segment of Euronext Amsterdam N.V.

The Carlyle Group and Riverstone Holdings

The Carlyle Group is a global private equity firm with more than
US$18.3 billion under management.  The Carlyle Group employs a
conservative, proven, and disciplined investment approach.  The
Carlyle Group invests in buyouts, venture, real estate, and
leveraged finance, in North America, Europe, and Asia, focusing
on aerospace, automotive & transportation, consumer, defense,
energy & power, healthcare, industrial, technology & business
services, and telecommunications & media.  Since 1987, the firm
has invested US$10.8 billion of equity in 300 transactions.  The
Carlyle Group employs more than 540 people in 14 countries.  The
Carlyle Group will participate in the transaction through the
combined equity investments from its European buyout fund and
its dedicated energy and power fund.

The Carlyle Group manages two buyout funds in Europe: (i)
Carlyle Europe Partners I, a EUR1 billion fund launched in 1998
which has completed 16 investments, and is now fully invested
and (ii) Carlyle Europe Partners II, which has completed three
transactions worth over EUR2 billion.  A team of 40 investment
professionals located in five offices across Europe manages
Carlyle Europe Partners I and Carlyle Europe Partners II.

Riverstone Holdings LLC and The Carlyle Group are the co-general
partners of the Carlyle/Riverstone Global Energy and Power Fund
II, a US$1.1 billion private equity fund established to make
investments in the energy and power industry globally.
Riverstone, a New York-based energy and power focused private
equity firm founded in 2000, has approximately USD 1.5 billion
under management with Carlyle.  Riverstone conducts buyout and
growth capital investments in the midstream, upstream, power,
and oilfield service sectors of the energy industry.  To date,
the firm has committed approximately US$875 million to 10
investments across these four sectors.

                            *   *   *

In its 2004 semi-annual results Petroplus reported that its six-
month net income before non-recurring items was EUR1.9 million
compared to a loss of EUR2.4 million in the same period last
year.  Including non-recurring items, the six-month net income
was EUR50.5 million (which includes EUR46 million proceeds from
the sale of Tango) compared to a loss of EUR42.4 million in the
same period last year (which included a EUR40 million provision
for the write down and reorganization of the Antwerp refinery).

CONTACT:  PETROPLUS INTERNATIONAL N.V.
          P.O. Box 85002 3009 MA Rotterdam
          The Netherlands
          Phone: +31 (0)10 242 5900
          Fax: +31 (0)10 242 6052
          E-mail: IR@petroplus.nl
          Web site: http://www.petroplusinternational.com

          Martijn L.D. Schuttevaer
          Investor Relations Manager
          Phone: + 31 10 242 6046
          Mobile: + 31 65 208 3014
          E-mail: M.L.Schuttevaer@Petroplus.nl

          CARLYLE:
          Katherine Elmore-Jones
          Director of European Communications
          Phone: +44 20 78 94 1200
          E-mail: Katherine.ElmoreJones@Carlyle.com


===========
N O R W A Y
===========


FINDEXA II: Moody's Withdraws Rating on Debt Securities
-------------------------------------------------------
Moody's Investors Service withdrew the Ba3 senior implied rating
and the B2 unsecured issuer rating of Findexa II a.s. at the
company's request.  It concurrently withdrew the senior notes
rating of the company following repayment of the debt
securities.

After the completion of its IPO in May, Findexa tendered for and
redeemed in full its EUR145 million 10.25% senior notes due
2011.  No rated debt remains outstanding.

Findexa, through its indirectly wholly owned subsidiary Findexa
a.s., is the leading publisher of classified directories in
Norway.  For the twelve months ended 31 December 2003, Findexa
generated consolidated operating revenue of NOK1,609 million.


===========
R U S S I A
===========


6TH CHANNEL: Names V. Ostoverkh Insolvency Manager
--------------------------------------------------
The Arbitration Court of Moscow region has commenced bankruptcy
proceedings against 6TH Channel (TIN 7710412731) after finding
the close joint stock company insolvent.  The case is docketed
as A40-53240/03-86-38B.  Mr. V. Ostoverkh has been appointed
insolvency manager.  Creditors have until October 20, 2004 to
submit their proofs of claim to 129366, Russia, Moscow,
Yaroslavskaya Str. 13a.

CONTACT:  6TH CHANNEL
          103070, Russia, Moscow,
          Staraya Square, 10/4

          Mr. V. Ostoverkh
          Insolvency Manager
          129366, Russia, Moscow,
          Yaroslavskaya Str. 13a


AERONAUTICAL TECHNICAL: Under Bankruptcy Supervision
----------------------------------------------------
The Arbitration Court of Chelyabinsk region has commenced
bankruptcy supervision procedure on noncommercial enterprise
Aeronautical Technical Sport Club Of Gornozavodskaya Zone of
Chelyabinsk Region Osto Rf.  The case is docketed as A76-
10727/04-55-22.  Mr. A. Naydyenov has been appointed temporary
insolvency manager.

Creditors may submit their proofs of claim to 454091, Russia,
Chelyabinsk, Svobody Str. 76-2.  A hearing will take place on
December 2, 2004.

CONTACT:  AERONAUTICAL TECHNICAL SPORT CLUB OF GORNOZAVODSKAYA
          ZONE OF CHELYABINSK REGION OSTO RF
          Russia, Chelyabinsk region,
          Tryekhgorniy, Mira Pr. 6

          Mr. A. Naydyenov
          Temporary Insolvency Manager
          454091, Russia,
          Chelyabinsk, Svobody Str. 76-2


MEDTEKHNIKA: Hires O. Charkov as Insolvency Manager
---------------------------------------------------
The Arbitration Court of Perm region has commenced bankruptcy
proceedings against Medtekhnika after finding the medical
equipment company insolvent.  The case is docketed as A50-
6007/2004-B.  Mr. O. Charkov has been appointed insolvency
manager.   Creditors have until October 20, 2004 to submit their
proofs of claim to 618400, Russia, Perm region, Berezniki, Post
User Box 1686.

CONTACT:  MEDTEKHNIKA
          Russia, Perm region,
          Berezniki, Potyemina Str. 8

          Mr. O. Charkov
          Insolvency Manager
          618400, Russia,
          Perm region, Berezniki,
          Post User Box 1686


NORTH-URAL: Undergoes Bankruptcy Supervision Procedure
------------------------------------------------------
The Arbitration Court of Chelyabinsk region has commenced
bankruptcy supervision procedure on OJSC North-Ural Ore-Metal
Company.  The case is docketed as A76-10175/04-48-34.  Mr. Y.
Moskalenko has been appointed temporary insolvency manager.

Creditors may submit their proofs of claim to 620131, Russia,
Ekaterinburg, Post user Box 99.  A hearing will take place on
November 4, 2004.

CONTACT:  NORTH-URAL ORE-METAL COMPANY
          454006, Russia,
          Chelyabinsk, Rossiyskaya Str. 67

          Mr. Y. Moskalenko
          Temporary Insolvency Manager
          620131, Russia,
          Ekaterinburg, Post user Box 99


NOVOZYBKOVSKAYA GARMENT: Declared Insolvent
-------------------------------------------
The Arbitration Court of Bryansk region has commenced bankruptcy
proceedings against Novozybkovskaya Garment Stockinet Factory
Im. 8th of March after finding the open joint stock company
insolvent.  The case is docketed as A09-494/04-26.  Mr. M.
Slanko has been appointed insolvency manager.   Creditors have
until October 20, 2004 to submit their proofs of claim to
243020, Russia, Bryansk region, Novozybkov, Chapaeva Str. 28.

CONTACT:  NOVOZYBKOVSKAYA GARMENT STOCKINET FACTORY IM.
          8TH OF MARCH
          Russia, Bryansk region,
          Novozybkov, Chapaeva Str. 28

          Mr. M. Slanko
          Insolvency Manager
          243020, Russia,
          Bryansk region, Novozybkov,
          Chapaeva Str. 28


POLITOVSKOYE BREAD: Proofs of Claim Due this Week
-------------------------------------------------
The Arbitration Court of Lipetsk region has commenced bankruptcy
proceedings against Politovskoye Bread Receiving Enterprise
after finding the open joint stock company insolvent.  The case
is docketed as A36-14-B/1-04.  Mr. A. Gulynskiy has been
appointed insolvency manager.  Creditors have until October 7,
2004 to submit their proofs of claim to Russia, Lipetsk region,
Dankovskiy region, Politovo.

CONTACT:  POLITOVSKOYE BREAD RECEIVING ENTERPRISE
          Russia, Lipetsk region,
          Dankovskiy region, Politovo

          Mr. A. Gulynskiy
          Insolvency Manager
          Russia, Lipetsk region,
          Dankovskiy region, Politovo


SENGILEEVSKIY CEMENT: Ulyanov Court Appoints Insolvency Manager
---------------------------------------------------------------
The Arbitration Court of Ulyanov region has commenced bankruptcy
proceedings against Sengileevskiy Cement Plant after finding the
state unitary enterprise insolvent.  The case is docketed as
A72-6262/03-H4-B.  Mr. D. Shirshikov has been appointed
insolvency manager.   Creditors have until October 20, 2004 to
submit their proofs of claim to 430027, Russia, Mordoviya
republic, Saransk, Gagarina Str. 99A.

CONTACT:  SENGILEEVSKIY CEMENT PLANT
          433381, Russia,
          Ulyanov region, Sengileevskiy region,
          Tsemzavod, Kooperativnaya Str. 5A

          Mr. D. Shirshikov
          Insolvency Manager
          430027, Russia,
          Mordoviya republic, Saransk,
          Gagarina Str. 99A
          Phone: 8-83-42-331-400


SEREBRYANO-PRUDSKIY PIT: Succumbs to Bankruptcy
-----------------------------------------------
The Arbitration Court of Moscow region has commenced bankruptcy
proceedings against Serebryano-Prudskiy Pit after finding the
state unitary enterprise insolvent.  The case is docketed as
A41-K2-4470/04.  Mr. A. Karzanov has been appointed insolvency
manager.   Creditors have until October 20, 2004 to submit their
proofs of claim.

CONTACT:  SEREBRYANO-PRUDSKIY PIT
          142956, Russia,
          Moscow region, Serebryano-Prudskiy region,
          Shemetovo, Kurbatovo

          Mr. A. Karzanov
          Insolvency Manager
          111250, Russia, Moscow,
          Krasnokazarmennaya Str. 9


SHAKHOVSKIY: Proofs of Claim Deadline to Expire this Month
----------------------------------------------------------
The Arbitration Court of Moscow region has commenced bankruptcy
proceedings against Shakhovskiy after finding the woodwork
factory insolvent.  The case is docketed as A41-K2-3430/04.  Ms.
O. Krachkovskaya has been appointed insolvency manager.
Creditors have until October 20, 2004 to submit their proofs of
claim to 107078, Russia, Moscow, Post User Box 281.

CONTACT:  SHAKHOVSKIY
          143700, Russia,
          Moscow region, Shakhovskoy region,
          Shakhovskaya, Volochanovskoye shosse, 3

          Ms. O. Krachkovskaya
          Insolvency Manager
          107078, Russia, Moscow,
          Post User Box 281


TYUMEN-LIFT: Declared Insolvent
-------------------------------
The Arbitration Court of Tyumen region has commenced bankruptcy
proceedings against Tyumen-Lift after finding the open joint
stock company insolvent.  The case is docketed as A70-2844/3-04.
Mr. A. Shinkarenko has been appointed insolvency manager.
Creditors have until October 20, 2004 to submit their proofs of
claim to Russia, Tyumen, 30 Let Pobedy Str. 78-26.

CONTACT:  TYUMEN-LIFT
          Russia, Tyumen,
          Gastello Str. 78

          Mr. A. Shinkarenko
          Insolvency Manager
          Russia, Tyumen,
          30 Let Pobedy Str. 78-26


YUKOS OIL: Govt Delays Decision on Yuganskneftegaz's Licenses
-------------------------------------------------------------
Regulators on Thursday delayed its decision on whether or not to
revoke the subsoil licenses of Yukos' main subsidiary for
failing to pay taxes, the Associated Press reports.

The ministerial committee in charge of reviewing licenses did
not take up the issue against Yuganskneftegaz at its meeting,
Natural Resources Ministry spokesman Nikolai Gudkov said.  He
did not say when the issue will be considered again.  The
decision is important in light of the unit's possible sale to
pay Yukos' US$7.5 billion back-tax bill.  Yuganskneftegaz, which
accounts for 60% of Yukos' total production, could lose
significant value once its licenses are revoked.

CONTACT:  YUKOS OIL
          International Information Department
          Hugo Erikssen
          Phone: +7 095 540 6313
          E-mail: inter@yukos.ru

          Press Service:
          Alexander Shadrin
          Phone: +7 095 785-08-55
          E-mail: pr@yukos.ru

          Investor Relations Contact
          Alexander Gladyshev
          Phone: +7095 788 00 33
          E-mail: investors@yukos.ru


YUKOS OIL: China National Demands Performance of Export Contract
----------------------------------------------------------------
China National Petroleum Corporation called on Yukos Oil to
fulfill its export contracts with China weeks after the Russian
company suspended shipments to the country.

The Chinese oil conglomerate assured a temporary suspension in
exports would not impact domestic oil supply, but urged in a
statement: "In accordance with the Crude Oil Trading Agreement
between CNPC and Yukos, Yukos shall export crude oil to CNPC in
a volume of 3.86 million tons in year 2004."  Yukos supplies 7%
of Chinese oil needs.

It added: "Up to [Thursday], Yukos has fulfilled its export
volume of 2.84 million tons.  Yukos stopped oil loading to the
tank train on September 20 2004."

Russia has promised to maintain oil exports to China.  Russia's
Deputy Energy Minister Ivan Materov was quoted by RIA Novosti
saying other companies will take up the void left by Yukos.  He
did not name these companies.

Yukos suspended exports to China after warning that its dispute
with the government over its tax bill has made it unable to
finance transport and other export costs.  It promised to
continue smaller deliveries to another Chinese oil company,
Sinopec.

CONTACT:  YUKOS OIL
          International Information Department
          Hugo Erikssen
          Phone: +7 095 540 6313
          E-mail: inter@yukos.ru

          Press Service:
          Alexander Shadrin
          Phone: +7 095 785-08-55
          E-mail: pr@yukos.ru

          Investor Relations Contact
          Alexander Gladyshev
          Phone: +7095 788 00 33
          E-mail: investors@yukos.ru


=====================
S W I T Z E R L A N D
=====================


CONVERIUM AG: Rating Watch Revised to Positive
----------------------------------------------
Fitch Ratings revised the rating watch on Converium AG's 'BB+'
IFS rating and Converium Holding AG's 'B' Long-Term rating to
Positive from Evolving.  This rating action follows the
extraordinary general meeting on 28 September 2004, at which
Converium's shareholders approved an increase in the company's
share capital of CHF533 million.  The approved capital increase
has been underwritten, subject to customary conditions, by a
syndicate of banks.

Based on information available, the agency expects to upgrade
Converium AG's IFS rating and Converium Holding AG's Long-Term
rating by one notch to 'BBB-' and 'B+' respectively, on
completion of the rights issue.  The upgrade will reflect
Converium's improved levels of capitalization in addition to the
improved competitive position of the company.

At the same time, the agency has downgraded Converium Holdings
(North America) Inc.'s Long-term rating and US$200 million
October 2023 unsecured senior notes rating to 'B-' from 'B', and
simultaneously withdrawn the ratings.  The unsecured notes were
originally issued by Zurich Reinsurance Centre Holdings Inc and
subsequently assumed by Converium Holdings (North America) Inc.
This action resolves the Rating Watch Evolving on which the
ratings were placed on 14 September 2004.

The decision to downgrade and withdraw the ratings on Converium
Holdings (North America) Inc. reflects the lack of explicit
support from Converium AG or from Converium Holding AG to the
U.S. holding company.  Fitch believes that the U.S. operations,
including the debt, may not benefit from the additional capital
to be raised by Converium, and should thus be viewed on a stand-
alone basis going forward.  This follows Converium's decision to
place its US operations into run-off.  The agency believes that
it is no longer appropriate to maintain these ratings on a
public information basis due to lack of adequate disclosures to
support a robust stand-alone analysis.

Fitch will continue to monitor Converium's relationships with
cedants and brokers to determine the impact of franchise damage
on new sales and the company's ability to compete in its
existing markets.  The Rating Watch on Converium AG and Holding
AG will be resolved after completion of the rights issue
transaction.

CONTACT:  FITCH RATINGS
          Andrew Murray, London
          Phone: +44 (0) 20 7417 4303

          Chris Waterman, London
          Phone: +44 (0) 20 7417 6328

          Media Relations:
          Campbell McIlroy, London
          Phone: +44 20 7417 4327


CONVERIUM HOLDING: Board Member from R+V Versicherung Resigns
-------------------------------------------------------------
Dr. Jurgen Forterer, CEO of R+V Versicherung, Wiesbaden,
resigned from the Board of Directors of Converium Holding Ltd.
effective September 29, 2004.  This decision is a result of
Converium's future focus on small and medium-sized clients in
Europe, which leads to direct competition with the reinsurance
business of R+V Versicherung.  In order to avoid any conflict of
interest Dr. Forterer has decided to step back from the Board of
Directors of Converium Holding Ltd.

The Board of Directors, of which Dr. Forterer was a member since
Converium's Initial Public Offering, thanks him for his valuable
contributions.

About Converium

Converium is an independent international multi-line reinsurer
known for its innovation, professionalism and service.  Today
Converium employs approximately 850 people in 23 offices around
the globe and is organized into three business segments:
Standard Property & Casualty Reinsurance, Specialty Lines and
Life & Health Reinsurance.  Converium Ltd has a "BBB" rating
(watch positive) from Standard & Poor's.  Converium Holding Ltd
has a "B++" (outlook stable) rating from A.M. Best Company.

CONTACT:  CONVERIUM HOLDINGS
          Michael Schiendorfer
          Media Relations Manager
          Phone: +41 (0) 1 639 96 57
          Fax:   +41 (0) 1 639 76 57
          E-mail: michael.schiendorfer@converium.com

          Zuzana Drozd
          Head of Investor Relations
          Phone: +41 (0) 1 639 91 20
          Fax:   +41 (0) 1 639 71 20
          E-mail: zuzana.drozd@converium.com


=============
U K R A I N E
=============


DMK-TRADING: Dnipropetrovsk Court Orders Liquidation
----------------------------------------------------
The Economic Court of Dnipropetrovsk commenced bankruptcy
proceedings against DMK-Trading (code EDRPOU 31329795) on August
10, 2004 after finding the limited liability company insolvent.
The case is docketed as B 15/38/03.  Mr. V. Bezpalov has been
appointed liquidator/insolvency manager.

The company holds account number 26008003980000 at JSCIB
Ukrsibbank, Dnipropetrovsk branch, MFO 306856.

CONTACT:  DMK-TRADING
          51925, Ukraine, Dnipropetrovsk region,
          Dniprodzerzhinsk, Lenin Avenue, 3/711

          Mr. V. Bezpalov
          Liquidator/Insolvency Manager
          49081, Ukraine, Dnipropetrovsk region,
          Vorontsov Avenue, 75/232
          Phone: (0562) 23-41-67

          ECONOMIC COURT OF DNIPROPETROVSK REGION
          49600, Ukraine, Dnipropetrovsk region,
          Kujbishev Str. 1a


HIMOTEKS: Temporary Insolvency Manager Takes over Operations
------------------------------------------------------------
The Economic Court of Lviv region has commenced bankruptcy
supervision procedure on LLC Himoteks (code EDRPOU 25549218).
The case is docketed as 6/244-29/205.  Arbitral manager Mr. R.
Ulyanik (License Number AA 669647 approved on August 6, 2003)
has been appointed temporary insolvency manager.  The company
holds account number 26005000750000 at JSCIB Ukrsibbank, Lviv
branch, MFO 385327.

Creditors have until October 10, 2004 to submit their proofs of
claim to:

(a) LLC HIMOTEKS
    79026, Ukraine, Lviv region,
    Akademik Lazarenko Str. 2

(b) Mr. R. Ulyanik
    Temporary Insolvency Manager
    79052, Ukraine, Lviv region,
    Shiroka Str. 90/16

(c) ECONOMIC COURT OF LVIV REGION
    79010, Ukraine, Lviv region,
    Lichakivska Str. 81


KOMTEHINVEST: Applies for Bankruptcy Proceedings
------------------------------------------------
The Economic Court of Kyiv commenced bankruptcy proceedings
against Komtehinvest (code EDRPOU 23513558) on August 25, 2004
after finding the limited liability company insolvent.  The case
is docketed as 15/75-b.  Arbitral manager Mr. Leonid Sirotenko
(License Number AA 630119 approved on December 19, 2003) has
been appointed liquidator/insolvency manager.

CONTACT:  KOMTEHINVEST
          Ukraine, Kyiv region,
          Nauki Avenue, 61

          Ukraine, Kyiv region,
          40-Richya Zhovtnya Avenue, 50

          Mr. Leonid Sirotenko
          Liquidator/Insolvency Manager
          01034, Ukraine, Kyiv region,
          Volodimirska Str. 48/2
          Phone: (044) 246-37-05

          ECONOMIC COURT OF KYIV REGION
          01030, Ukraine, Kyiv region,
          B. Hmelnitskij Boulevard, 44-B


SOLE: Bankruptcy Proceedings Begin
----------------------------------
The Economic Court of Dnipropetrovsk commenced bankruptcy
proceedings against SOLE (code EDRPOU 19153155) on August 26,
2004 after finding the limited liability company insolvent.
The case is docketed as B 24/111/04.  Arbitral manager Mr.
Leonid Talan has been appointed liquidator/insolvency manager.

CONTACT:  SOLE
          49600, Ukraine, Dnipropetrovsk region,
          Lenin Str. 24

          Mr. Leonid Talan
          Liquidator/Insolvency Manager
          49000, Ukraine, Dnipropetrovsk region,
          a/b 158
          Phone: (0562) 92-53-18

          ECONOMIC COURT OF DNIPROPETROVSK REGION
          49600, Ukraine, Dnipropetrovsk region,
          Kujbishev Str. 1a


SVITANOK: Sets Deadline for Filing of Claims
--------------------------------------------
The Economic Court of Kirovograd region commenced bankruptcy
supervision procedure on OJSC Svitanok (code EDRPOU 22209841).
The case is docketed as 10/102.  Arbitral manager Mr. Kosarenko
Vadim (License Number AA 484182 of December 20, 2002) has been
appointed temporary insolvency manager.  The company holds
account number 260093566 at JSPPB Aval.

Creditors have until October 10, 2004 to submit their proofs of
claim to:

(a) SVITANOK
    26400, Ukraine, Kirovograd region,
    Ulyanova, Lenin Lane, 10

(b) THE ECONOMIC COURT OF KIROVOGRAD REGION
    25000, Ukraine, Kirovograd region,
    Lunacharski str. 29


VINNITSYA AGRICULTURAL: Under Bankruptcy Supervision
----------------------------------------------------
The Economic Court of Vinnitsya region commenced bankruptcy
supervision procedure on OJSC Vinnitsya Agricultural Machine-
Technological Station (code EDRPOU 30324094) on April 29, 2004.
The case is docketed as 5/313-04.  Arbitral manager Mr. Yuhim
Kozenuk (License Number AA 668346 approved on November 7, 2003)
has been appointed temporary insolvency manager.  The company
holds account number 260033013676 at Prominvestbank, Vinnitsya
central branch, MFO 3025721.

Creditors have until October 10, 2004 to submit their proofs of
claim to:

(a) OJSC VINNITSYA AGRICULTURAL MACHINE-TECHNOLOGICAL STATION
    23210, Ukraine, Vinnitsya region,
    Vinnitsya district, Sosonka,
    Lenin Str. 4

(b) Mr. Yuhim Kozenuk
    Temporary Insolvency Manager
    21001, Ukraine, Vinnitsya region,
    Chervonih Kursantiv Str. 8

(c) ECONOMIC COURT OF VINNITSYA REGION
    21036, Ukraine, Vinnitsya region,
    Hmelnitske shose, 7


===========================
U N I T E D   K I N G D O M
===========================


ABBEY COACHWORKS: Hires Ernst & Young as Administrator
------------------------------------------------------
C P Dempster and M Rollings have been appointed as joint
administrators for Abbey Coachworks (Northampton) Limited.  The
appointment was made September 14, 2004.  The registered office
of the body repair center is located at Reynard House,
Castlefield Road, Reigate, Surrey RH2 0SA.

CONTACT:  ERNST & YOUNG LLP
          10 George Street,
          Edinburgh EH2 2DZ
          Joint Administrators:
          C P Dempster
          M Rollings
          (IP No 8908, 8107)
          Web site: http://www.ey.com


AUTOMOTIVE PRECISION: Members Agree to Wind up Business
-------------------------------------------------------
At an extraordinary general meeting of the Automotive Precision
Holdings Plc on September 20, 2004 held at Euston Plaza Hotel,
17-18 Upper Woburn Place, London WC1H 0HT, the extraordinary and
ordinary resolutions to wind up the company were passed.  Neil
Tombs and Andrew Menzies of Grant Thornton UK LLP, Enterprise
House, 115 Edmund Street, Birmingham B3 2HJ have been appointed
joint liquidators of the company for the purpose of the
voluntary winding-up.

CONTACT:  GRANT THORTON UK LLP
          Enterprise House
          115 Edmund Street,
          Birmingham B3 2HJ
          Phone: 0121 212 4000
          Fax:   0121 212 4014
          Web site: http://www.grant-thornton.co.uk


BESS LIMITED: Names Joint Administrators from Gerald Edelman
------------------------------------------------------------
Ian Douglas Yerrill and Bernard Hoffman have been appointed as
joint administrators for Bess Limited.  The appointment was made
September 22, 2004.

The company is engaged in general construction and civil
engineering.  Its registered office is located at Kent House,
Station Road, Ashford, Kent TN23 1PP.

CONTACT:  GERALD EDELMAN BUSINESS RECOVERY
          25 Harley Street,
          London W1G 9BR
          Joint Administrators:
          Ian Douglas Yerrill
          Bernard Hoffman
          (IP Nos 8924, 1593)
          Phone: 020 7299 1400
          Fax:   020 7299 1401
          E-mail: gemail@geraldedelman.com
          Web site: http://www.geraldedelman.com


BJ'S TRADE: In Administrative Receivership
------------------------------------------
Bibby Factors Slough Limited called in Michael William Young and
Nigel John Hamilton-Smith as joint administrative receivers for
Bj's Trade Bindery Limited (Reg No 03789094, Trade
Classification: 10).  The application was filed September 22,
2004.  The company is engaged in printing and binding.

CONTACT:  VANTIS BUSINESS RECOVERY
          Torrington House,
          47 Holywell Hill, St Albans,
          Hertfordshire AL1 1HD
          Joint Administrative Receivers:
          Michael William Young
          Nigel John Hamilton-Smith
          (Office Holder Nos 8077, 2093)
          Phone: 01727 811111
          Web site: http://www.vantisplc.co.uk


BROMLEY SCHOOL: Appoints Tenon Recovery Administrator
-----------------------------------------------------
S R Thomas and S D Burkett-Coltman have been appointed as joint
administrators for Bromley School Of English Ltd.  (formerly
Shane Global Village (London Bromley) Ltd).  The appointment was
made September 22, 2004.

The company is an educational institution and language school.
Its registered office address is c/o Tenon Recovery, 73 Baker
Street, London W1U 6RD.

CONTACT:  TENON RECOVERY
          73 Baker Street,
          London W1U 6RD
          Joint Administrators:
          S R Thomas
          S D Burkett-Coltman
          (IP Nos 8920, 8191)
          Phone: 020 7935 5566
          Fax: 020 7935 3512
          E-mail: bakerstreet@tenongroup.com
          Web site: http://www.tenongroup.com


CAFE GRAND: Names Numerica Liquidator
-------------------------------------
At an extraordinary general meeting of the Cafe Grand Prix
Limited on September 21, 2004 held at 66 Wigmore Street, London
W1U 2SB, the extraordinary and ordinary resolutions to wind up
the company were passed.  Nicholas Hugh O'Reilly and Jonathan
Mark Birch of Numerica, PO Box 2653, 66 Wigmore Street, London
W1U 2SB have been appointed joint liquidators for the purpose of
such winding-up.

CONTACT:  NUMERICA
          PO Box 2653,
          66 Wigmore Street,
          London W1A 3RT
          Phone: 020 7467 4000
          Fax:   020 7284 4995
          Web site: http://www.numerica.biz


COUNTY ROOFING: Calls in Liquidator from Carter Backer Winter
-------------------------------------------------------------
At an extraordinary general meeting of the members of the County
Roofing Services Limited on September 15, 2004 held at
Enterprise House, 21 Buckle Street, London E1 8NN, the
extraordinary and ordinary resolutions to wind up the company
were passed.  John Alfred George Alexander and Melvyn Julian
Carter of Carter Backer Winter, Enterprise House, 21 Buckle
Street, London E1 8NN have been appointed joint liquidators of
the company.

CONTACT:  CARTER BACKER WINTER
          Enterprise House,
          21 Buckle Street,
          London E1 8NN
          Phone: + 44 (0) 20 7309 3800
          Fax:   + 44 (0) 20 7309 3801
          E-mail: info@cbw.co.uk
          Web site: http://www.cbw.co.uk


CROMLEY BMS: Director Disqualified from Occupying Executive Post
----------------------------------------------------------------
The director of a boiler maintenance business that failed with
total debts estimated at around GBP145,000 has given an
Undertaking not to hold directorships or take any part in
company management for four years.

The Undertaking by John Moore, 54, of Priory Road, Gosport,
Hampshire, was given in respect of his conduct as a director of
Cromley BMS Limited, which carried out business from premises at
Unit 5, Grove Way, Mansfield Woodhouse, Mansfield.

The acceptance of the Undertaking on September 23, 2004 prevents
Mr. Moore from being a director of a company or, in any way,
whether directly or indirectly, being concerned or taking part
in the promotion, formation or management of a company for the
above period.

Cromley BMS Limited was placed into voluntary liquidation on
October 29, 2002 with estimated debts of GBP145,000 owed to
creditors.

The Insolvency Service, on behalf of the Secretary of State for
Trade & Industry, has responsibility (under Section 6 of the
Company Directors Disqualification Act 1986) for the
investigation of the conduct of directors of failed companies
and for the disqualification of those who are considered to be
unfit to be involved in the management of companies in the
future.

Matters of unfit conduct, not disputed by Mr. Moore:

(a) from February 2000 until the date of liquidation he failed
    to ensure that Cromley complied with its statutory
    obligations to file VAT returns;

(b) from June 30, 2001 until the date of liquidation he caused
    Cromley to trade to the detriment of HM Customs and Excise,
    with the result that its indebtedness to HM Customs and
    Excise increased by GBP32,000; and

(c) from May 19, 2001 until the date of liquidation he caused
    Cromley to trade to the detriment of the Inland Revenue.

CONTACT:  THE INSOLVENCY SERVICE
          21 Bloomsbury Street
          London, WC1B 3QW
          Web site: http://www.insolvency.gov.uk

          Disqualification Unit
          Phone: 020 7291 6807
                 020 7291 6832 (Vetting)
          E-mail: Disqualification.Unit@insolvency.gsi.gov.uk

          Criminal Allegations Team
          Phone: 020 7291 6841
          E-mail: criminal.allegations@insolvency.gsi.gov.uk


FAIRMILE FENCING: Hires KPMG as Liquidator
------------------------------------------
At an extraordinary general meeting of the Fairmile Fencing
Limited on September 17, 2004 held at KPMG, 2 Cornwall Street,
Birmingham B3 2DL, the extraordinary and ordinary resolutions to
wind up the company were passed.  Mark Jeremy Orton and Allan
Watson Graham of KPMG have been appointed joint liquidators for
the purpose of such winding-up.

CONTACT:  KPMG LLP
          2 Cornwall Street
          Birmingham B3 2RT
          Phone: (0121) 232 3000
          Fax:   (0121) 232 3500
          Web site: http://www.kpmg.co.uk


FASHION FORWARD: Meeting of Creditors Set
-----------------------------------------
            IN THE MATTER OF THE INSOLVENCY ACT 1986

                               and

               IN THE MATTER OF Fashion Forward Ltd.

Notice is hereby given, pursuant to section 98 of the Insolvency
Act 1986, that a meeting of Creditors of Fashion Forward Ltd.
will be held at 4 Dancastle Court 14 Arcadia Avenue London N3
2HS on October 6, 2004 at 11:00 a.m. for the purpose of having a
full statement of the position of the Company's affairs,
together with a list of the Creditors of the Company and the
estimated amount of their claims, laid before them, and for the
purpose, if thought fit, of nominating a Liquidator and of
appointing a Liquidation Committee.  (Sections 99-101 of the
said Act)

In accordance with section 98 (2) Insolvency Act 1986, a list of
Creditors' names and addresses will be available for inspection,
free of charge, at Valentine & Co., 4 Dancastle Court 14 Arcadia
Avenue London N3 2HS two business days prior to the meeting.

By Order of the Board.

A. Fitzpatrick, Director
September 15, 2004

CONTACT:  VALENTINE & CO.
          4 Dancastle Court
          14 Arcadia Avenue
          London N3 2HS
          Phone: 020 8343 3710
          Fax: 020 9343 4486
          Web site: http://www.valentine-co.com


FIRBANK KEMPSTER: Sets Meeting of Creditor Mid-October
------------------------------------------------------
The general meeting of the unsecured creditors of Firbank
Kempster International Limited will be on October 14, 2004
commencing at 12:00 noon.  It will be held at 8 Baker Street,
London W1U 3LL.

Creditors who want to be represented at the meeting may appoint
proxies.  Proxy forms must be submitted together with written
debt claims to BDO Stoy Hayward, 8 Baker Street, London W1U 3LL
not later than 12:00 noon, October 13, 2004.

CONTACT:  BDO STOY HAYWARD LLP
          8 Baker Street
          London W1U 3LL
          Phone: 020 7486 5888
          Fax: 020 7487 3686
          E-mail: london@bdo.co.uk
          Web site: http://www.bdostoyhayward.co.uk


G2 SOLUTIONS: May Name Liquidator this Week
-------------------------------------------
            IN THE MATTER OF THE INSOLVENCY ACT 1986

                               and

                 IN THE MATTER OF G2 Solutions Ltd.

Notice is hereby given, pursuant to section 98 of the Insolvency
Act 1986, that a meeting of Creditors of G2 Solutions Ltd. will
be held at 3 The Quadrant Coventry CV1 2DY on October 6, 2004 at
11:00 a.m. for the purpose of having a full statement of the
position of the Company's affairs, together with a list of the
Creditors of the Company and the estimated amount of their
claims, laid before them, and for the purpose, if thought fit,
of nominating a Liquidator and of appointing a Liquidation
Committee.  (Sections 99-101 of the said Act)

In accordance with section 98 (2) Insolvency Act 1986, a list of
Creditors' names and addresses will be available for inspection,
free of charge, at BRI Business Recovery, 3 The Quadrant
Coventry CV1 2DY two business days prior to the meeting.

By Order of the Board.

S. Hunwick, Director
September 17, 2004

CONTACT:  BRI BUSINESS RECOVERY
          3 The Quadrant
          Coventry CV1 2DY
          Phone: 02476 634884
          Fax: 02476 231551
          E-mail: gbates@briuk.co.uk


GOODSONIC LIMITED: Names Moore Stephens Liquidator
--------------------------------------------------
At an extraordinary general meeting of the Goodsonic Limited on
September 17, 2004 held at Moore Stephens Corporate Recovery,
Beaufort House, 94-96 Newhall Street, Birmingham B3 1PB, the
extraordinary and ordinary resolutions to wind up the company
were passed.  Nigel Price of Moore Stephens Corporate Recovery,
Beaufort House, 94-96 Newhall Street, Birmingham B3 1PB has been
appointed liquidator of the company for the purpose of the
voluntary winding-up.

CONTACT:  MOORE STEPHENS CORPORATE RECOVERY
          Beaufort House
          94-96 Newhall Street,
          Birmingham B3 1PB
          Liquidator:
          Nigel Price
          Phone: 0121 233 2557
          Web site: http://www.moorestephens.co.uk


HCCM SYSTEMS: Creditors to Meet this Week
-----------------------------------------
            IN THE MATTER OF THE INSOLVENCY ACT 1986

                               and

               IN THE MATTER OF HCCM Systems Ltd.

Notice is hereby given, pursuant to section 98 of the Insolvency
Act 1986, that a meeting of Creditors of HCCM Systems Ltd. will
be held at 3 The Quadrant Coventry CV1 2DY on October 6, 2004 at
12:00 noon for the purpose of having a full statement of the
position of the Company's affairs, together with a list of the
Creditors of the Company and the estimated amount of their
claims, laid before them, and for the purpose, if thought fit,
of nominating a Liquidator and of appointing a Liquidation
Committee.  (Sections 99-101 of the said Act)

In accordance with section 98 (2) Insolvency Act 1986, a list of
Creditors' names and addresses will be available for inspection,
free of charge, at BRI Business Recovery, 3 The Quadrant
Coventry CV1 2DY two business days prior to the meeting.

By Order of the Board.

S. Hunwick, Director
September 17, 2004

CONTACT:  BRI BUSINESS RECOVERY
          3 The Quadrant
          Coventry CV1 2DY
          Phone: 02476 634884
          Fax: 02476 231551
          E-mail: gbates@briuk.co.uk


H.P. SOURCE: Appoints Tenon Recovery Liquidator
-----------------------------------------------
At an extraordinary general meeting of the H.P. Source Limited
on September 22, 2004 held at Tenon House, Ferryboat Lane,
Sunderland SR5 3JN, the subjoined extraordinary resolution to
wind up the company was passed.  Ian William Kings of Tenon
Recovery, Tenon House, Ferryboat Lane, Sunderland SR5 3JN has
been appointed liquidator for the purpose of such winding-up.

CONTACT:  TENON RECOVERY
          Tenon House
          Ferryboat Lane,
          Sunderland SR5 3JN
          Liquidator:
          Ian William Kings
          Phone: 0191 511 5000
          Fax:   0191 511 5001
          Web site: http://www.tenongroup.com


LARK CONSTRUCTION: Public Auction of Assets Set Tomorrow
--------------------------------------------------------
Nigel Morrison and Richard Hawes, Joint Administrative
Receivers, will sell the assets of Lark Construction Limited (in
Administrative Receivership) on October 5, 2004, 12:00 noon, at
Wheelers Transport Yard, Unit 2, The Polden Business Centre,
Bridgewater, Somerset, TA6 4AW.

For sale are:

(a) Landrover '110 Defender TD5 XS' Estate (2003-53);

(b) Ford 'Focus LX TDCi' 5 Door Hatchback (2002-02);

(c) Fiat 'Multipla 115 ELX' People Carrier (2002-02);

(d) Ford 'Focus Zetec TDCi' 5 Door Hatchback (2003-03);

(e) Ford 'Focus 'LX TD Di' 5 Door Hatchback (2001-51);

(f) Two Ford 'Mondeo LX TD Ci' 4 Door Saloon (2002-51);

(g) Ford 'Mondeo LX TD Di' 4 Door Saloon (2003-51);

(h) Five Ford 'Mondeo LX TD' 5 Door Hatchback (1996N to 2000W);

(i) Two Peugeot '307 Rapier Hdi' Saloon (2002-02);

(j) Peugeot '307 SW SE Hdi' Estate (2002-52);

(k) Peugeot '307 S Hdi' 110bhp 5 Door Hatchback (2003-53);

(l) Lexus 'LS400' 4 Door Saloon (1994L);

(m) Four Peugeot 'Partner 800 LX' Diesel Panel Van (2002-51);

(n) Two Peugeot 'Partner 600 Diesel Van (1999V/1998R);

(o) Four Peugeot '106 XAD' Diesel Van (1997/8R);

(p) Ford 'Transit 350' LWB Dropside Truck (2002-02);

(q) Two Ford 'Transit 100' Diesel Panel Van (1997P);

(r) Four Ford 'Fiesta 35' Diesel Van (1997P); and

(s) Citroen 'Berlingo 1.9D 600' Diesel Van (2002-51).

Inspection of assets will be on October 4, 2004, from 1:00 p.m.
to 5:00 p.m. and on the sale auction day from 9:00 a.m. to 12:00
noon.

A buyer's premium of 12.5% is charged on all lots and is added
to the final sale price.

CONTACT:  HENRY BUTCHER INTERNATIONAL
          Will Hancock
          Phone: +44 (0)20 7098 3700
                 +44 (0)7836 688 457
          Fax: +44 (0)20 7098 3795
          E-mail: will.hancock@henrybutcher.com


LAW LINK: Extraordinary Winding up Resolution Passed
----------------------------------------------------
At an extraordinary general meeting of the Law Link (Legal
Expenses) Limited on September 23, 2004 held at DTE Leonard
Curtis, DTE House, Hollins Mount, Bury BL9 8AT, the
extraordinary resolution to wind up the company was passed.  A
Poxon of DTE Leonard Curtis, DTE House, Hollins Mount, Bury BL9
8AT has been appointed the liquidator of the company for the
purpose of such winding-up.

CONTACT:  DTE LEONARD CURTIS
          DTE House,
          Hollins Mount,
          Bury BL9 8AT
          Phone: 0161 767 1200
          Fax: 0161 767 1201
          Web site: http://www.dtegroup.com


LUDA PET: Members Final Meeting Set Later this Month
----------------------------------------------------
Name of Companies:
Luda Pet Food Limited
Neslaw No.1 Limited

The final meeting of the members of these companies will be on
October 29, 2004 commencing at 10:30 a.m. and 10:45 a.m.
respectively.  It will be held at KPMG LLP, 8 Salisbury Square,
London EC4Y 8BB.

The purpose of the meeting is to receive the account showing
how the winding-up has been conducted and the property of the
company disposed of, and to hear any explanation that may be
given by the liquidator.  Members who want to be represented at
the meeting may appoint proxies.  Proxy forms must be lodged
with KPMG LLP, 8 Salisbury Square, London EC4Y 8BB not later
than 12:00 noon, October 28, 2004.

CONTACT:  KPMG LLP
          PO Box 695,
          8 Salisbury Square,
          London EC4Y 8BB
          Joint Liquidator:
          S Treharne
          Phone: (020) 7311 1000
          Fax:   (020) 7311 3311
          Web site: http://www.kpmg.co.uk


MANAGEMENT SCIENCE: Names Numerica Administrator
------------------------------------------------
Frank Wessely and Nicholas Hugh O'Reilly have been appointed as
joint administrators for Management Science Corporation Ltd.
The appointment was made September 20, 2004.

The company is engaged in management consultancy.  Its
registered office is located at 11 Wells Mews, London W1T 3HD.

CONTACT:  NUMERICA
          81 Station Road, Marlow,
          Buckinghamshire SL7 1SX
          Joint Administrator:
          Frank Wessely
          (IP No 7788)
          Phone: 01628 478100
          Fax:   01628 472629
          Web site: http://www.numerica.biz

          NUMERICA
          PO Box 2653,
          66 Wigmore Street,
          London W1A 3RT
          Joint Administrator:
          Nicholas Hugh O'Reilly
          (IP No 8309)
          Phone: 020 7467 4000
          Fax:   020 7284 4995
          Web site: http://www.numerica.biz


MARCONI CORPORATION: Re-selling Newport's Session Controller
------------------------------------------------------------
Newport Networks Group PLC (London: NNG) announces that Marconi
Corporation plc (London: MONI and NASDAQ: MRCIY) has enhanced
its next-generation SoftSwitch platform with a carrier-class
Session BORDER='0' Controller (SBC) provided by Newport Networks
under a worldwide reseller agreement.  The combined solution
will enable operators to police the provision of new next-
generation network services more thoroughly and reduce the cost
of interoperability between networks.

The new Marconi-Newport Networks relationship is a combination
of a worldwide reseller agreement and a strategic product
development partnership.  It builds on a Memorandum of
Understanding signed by the two firms in December 2003 for the
provision and exchange of SBC technology.  The partnership will
work on a number of initiatives such as the development of
Session Initiation Protocol interfaces and interoperability
between network technologies.

"This agreement with Newport Networks continues to ensure that
the Marconi SoftSwitch harnesses 'best-in-class' technology to
deliver the next-generation network," said Martin Harriman,
chief marketing officer, Marconi Corporation plc.  "The Newport
Networks' 1460 Session Controller sits at the core of our
SoftSwitch solution.  Its selection by Marconi for this key,
strategic role is an endorsement of the product and its carrier-
class credentials."

SBCs can be located at two areas within the Next-Generation
Network (NGN): between the user and the SoftSwitch; and between
different service providers' networks.

SBCs are critical to the control of the NGNs as they allow IP-
connected users, such as Digital Subscriber Line (DSL)
customers, controlled access to the network.  SBCs that sit
between service providers' networks interconnect traffic using
IP, making interoperability between new networks a reality.

The 1460 Session Controller is ideal for Tier 1 service
providers and can handle around 70,000 simultaneous calls,
corresponding to around 700,000 subscribers.

John Everard, chief executive of Newport Networks Group PLC,
stated: "We are delighted to conclude this important reseller
agreement with Marconi.  The solution combines the advantages of
the Marconi SoftSwitch with the carrier class Newport Networks
Session Controller.  Collectively these products better address
the growing needs of major Service Providers around the world."

CONTACT:  NEWPORT NETWORKS GROUP PLC
          Press and analyst enquiries
          John Everard, Chief Executive

          NEWPORT NETWORKS
          Phone: +44 20 7920 3150
          Justin Griffiths/Simon Hudson, Tavistock
          Communications
          Phone: +44 20 7920 3150

          MARCONI CORPORATION PLC
          Press enquiries
          Patrick Murphy
          Phone: + 44 115 906 4151
          E-mail: patrick.murphy@marconi.com

          Investor enquiries
          Heather Green
          Phone: + 44 207 306 1735
          E-mail: heather.green@marconi.com

          Industry Analyst enquiries
          Skip MacAskill
          Phone: +44 2476 56 3705
          E-mail: skip.macaskill@marconi.com


MARINE TECHNOLOGIES: Hires Begbies Traynor as Administrator
-----------------------------------------------------------
David Hill and Andrew H Beckingham have been appointed as joint
administrators for Marine Technologies Limited.  The appointment
was made September 10, 2004.

The company is engaged in marine engineering.  Its registered
office is located at The Old School, Forgeside, Blaenavon,
Torfaen NP4 9DD.

CONTACT:  BEGBIES TRAYNOR
          4th Floor,
          Riverside House,
          31 Cathedral Road,
          Cardiff CF11 9HB
          Phone: 029 2022 5022
          Fax: 029 2022 4523
          E-mail: cardiff@begbies-traynor.com
          Web site: http://www.begbies.com

          BEGBIES TRAYNOR
          58 Queen Square,
          Bristol BS1 4LF
          Phone: 0117 929 4800
          Fax:   0117 922 0114
          Web site: http://www.begbies.com


MASSEY AND KING: Names Grant Thornton Liquidator
------------------------------------------------
At a meeting of the Massey And King Limited on September 22,
2004, the special resolution to wind up the company was passed.
Leslie Ross of Grant Thornton UK LLP, St Johns Centre, 110
Albion Street, Leeds LS2 8LA has been appointed liquidator of
the company for the purpose of the voluntary winding-up.

CONTACT:  GRANT THORNTON UK LLP
          St Johns Centre,
          110 Albion Street,
          Leeds LS2 8LA
          Phone: 0113 245 5514
          Fax:   0113 246 5055
          Web site: http://www.grant-thornton.co.uk


MEADWALL LIMITED: Calls in Liquidator from Turpin Barker
--------------------------------------------------------
At an extraordinary general meeting of the Meadwall Limited on
September 22, 2004 held at Allen House, 1 Westmead Road, Sutton,
Surrey SM1 4LA, the extraordinary resolutions to wind up the
company were passed.  Martin Charles Armstrong of Turpin Barker
Armstrong, Allen House, 1 Westmead Road, Sutton, Surrey SM1 4LA
has been appointed liquidator of the company.

CONTACT:  TURPIN BARKER ARMSTRONG
          Allen House
          1 Westmead Road,
          Sutton, Surrey SM1 4LA
          Phone: +44 (0) 20 8661 7878
          Fax:   +44 (0) 20 8661 0598
          E-mail: tba@turpinba.co.uk
          Web site: http://www.turpinba.co.uk


MOLEC POWER: To Take up Administrator's Proposals Wednesday
-----------------------------------------------------------
            IN THE MATTER OF THE INSOLVENCY ACT 1986

                               and

                IN THE MATTER OF Molec Power Ltd.

Notice is hereby given that a Meeting of Creditors of Molec
Power Ltd. is to be held at Holiday Inn Chester South Wrexham
Road Chester CH4 9OL on October 6, 2004 at 11:00 a.m. to
consider my proposals under section 23(1) of the Insolvency Act
1986, and to consider establishing a Creditors' Committee.

A person is entitled to vote at the Meeting only if he has
submitted details of his claim to the Administrator at DTE House
Hollins Mount Bury BL9 8AT not later than 12:00 noon the
business day before the meeting.  A proxy form should be
completed and returned by the date of the Meeting, if you cannot
attend the Meeting and wish to be represented.

A copy of my proposals is available, on written request, to the
Administrator DTE House Hollins Mount Bury BL9 8AT.

A. Poxon, Joint Administrator
September 17, 2004

CONTACT:  DTE LEONARD CURTIS
          DTE House
          Hollins Mount
          Bury BL9 8AT
          Phone: 0161 767 1200
          Fax: 0161 767 1201
          Web site: http://www.dtegroup.com


PELLINI SHOES: Sets Creditors' Meeting
--------------------------------------
            IN THE MATTER OF THE INSOLVENCY ACT 1986

                               and

               IN THE MATTER OF Pellini Shoes Ltd.

Notice is hereby given that a Meeting of Creditors of Pellini
Shoes Ltd. is to be held at 1 Bede Island Road Bede Island
Business Park Leicester LE2 7EA on October 6, 2004 at 2:00 p.m.
to consider my proposals under section 23(1) of the Insolvency
Act 1986, and to consider establishing a Creditors' Committee.

A person is entitled to vote at the Meeting only if he has
submitted details of his claim to the Administrator at 1 Bede
Island Road Bede Island Business Park Leicester LE2 7EA not
later than 12:00 noon the business day before the meeting.  A
proxy form should be completed and returned by the date of the
Meeting, if you cannot attend the Meeting and wish to be
represented.

A copy of my proposals is available, on written request, to the
Administrator 1 Bede Island Road Bede Island Business Park
Leicester LE2 7EA.

Dilip K. Dattani, Joint Administrator
September 17, 2004

CONTACT:  TENON RECOVERY
          1 Bede Island Road
          Bede Island Business Park
          Leicester LE2 7EA
          Phone: 0116 222 1101
          Fax: 0116 222 1102
          E-mail: leicester@tenongroup.com
          Web site: http://www.tenongroup.com


PINEAPPLE FABRICATIONS: Names Administrator from Haines Watts
-------------------------------------------------------------
John David Travers has been appointed as administrator for
Pineapple Fabrications Limited.  The appointment was made
September 22, 2004.  The company is engaged in steel and
aluminum fabrication.

CONTACT:  HAINES WATTS
          Canterbury House,
          85 Newhall Street,
          Birmingham B3 1LH
          Phone: 0121 212 4477
          Fax:   0121 212 4459
          Web site: http://www.hwca.com


PRIMESTOCK MANCHESTER: Administrator's Proposals Out this Week
--------------------------------------------------------------
            IN THE MATTER OF THE INSOLVENCY ACT 1986

                               and

          IN THE MATTER OF Primestock (Manchester) Ltd.

Notice is hereby given that a Meeting of Creditors of Primestock
(Manchester) Ltd. is to be held at Premier Lodge Bishops Gate 7-
11 Lower Mosley Street Manchester M2 3DW on October 6, 2004 at
11:00 a.m. to consider my proposals under section 23(1) of the
Insolvency Act 1986, and to consider establishing a Creditors'
Committee.

A person is entitled to vote at the Meeting only if he has
submitted details of his claim to the Administrator at 100
Barbirolli Square Lower Mosley Street Manchester M2 3EY not
later than 12:00 noon the business day before the meeting.  A
proxy form should be completed and returned by the date of the
Meeting, if you cannot attend the Meeting and wish to be
represented.

A copy of my proposals is available, on written request, to the
Administrator 100 Barbirolli Square Lower Mosley Street
Manchester M2 3EY.

S. Allport, Joint Administrator
September 20, 2004

CONTACT:  ERNST & YOUNG
          100 Barbirolli Square
          Lower Mosley Street
          Manchester M2 3EY
          Phone: +44 [0]161 333 3000
          Fax: +44 [0]161 333 3001
          Web site: http://www.ey.com


QUEENSWAY CARPETS: Hires Liquidator from Moore Stephens
-------------------------------------------------------
At an extraordinary general meeting of the Queensway Carpets
Limited on September 22, 2004 held at Moore Stephens Corporate
Recovery, Beaufort House, 94-96 Newhall Street, Birmingham B3
1PB, the extraordinary and ordinary resolutions to wind up the
company were passed.  Nigel Price of Moore Stephens Corporate
Recovery, Beaufort House, 94-96 Newhall Street, Birmingham B3
1PB has been appointed liquidator of the company for the purpose
of the voluntary winding-up.

CONTACT:  MOORE STEPHENS CORPORATE RECOVERY
          Beaufort House
          94-96 Newhall Street,
          Birmingham B3 1PB
          Liquidator:
          Nigel Price
          Phone: 0121 233 2557
          Web site: http://www.moorestephens.co.uk


RED PEPPER: Calls in Liquidator from Leonard Curtis & Co.
---------------------------------------------------------
At an extraordinary general meeting of the Red Pepper Group
Limited on September 22, 2004 held at Leonard Curtis & Co, One
Great Cumberland Place, Marble Arch, London W1H 7LW, the
extraordinary resolution to wind up the company was passed.  S D
Swaden of Leonard Curtis & Co, One Great Cumberland Place,
Marble Arch, London W1H 7LW has been appointed the liquidator of
the company for the purpose of such winding-up.

CONTACT:  LEONARD CURTIS & CO
          One Great Cumberland Place,
          Marble Arch, London W1H 7LW
          Liquidator:
          S D Swaden
          Phone: 020 7535 7000
          Fax:   020 7723 6059
          E-mail: solutions@leonardcurtis.co.uk
          Web site: http://www.leonardcurtis.co.uk


REXCOM SERVICES: Extraordinary Winding up Resolution Passed
-----------------------------------------------------------
At an extraordinary general meeting of the Rexcom Services
Limited on September 24, 2004 held at Leonard Curtis & Co, One
Great Cumberland Place, Marble Arch, London W1H 7LW, the
extraordinary resolution to wind up the company was passed.  N A

Bennett of Leonard Curtis & Co, One Great Cumberland Place,
Marble Arch, London W1H 7LW has been appointed the liquidator of
the company for the purpose of such winding-up.

CONTACT:  LEONARD CURTIS & CO
          One Great Cumberland Place,
          Marble Arch, London W1H 7LW
          Liquidator:
          S D Swaden
          Phone: 020 7535 7000
          Fax:   020 7723 6059
          E-mail: solutions@leonardcurtis.co.uk
          Web site: http://www.leonardcurtis.co.uk


RMTA LIMITED: Members Pass Winding up Resolutions
-------------------------------------------------
At an extraordinary general meeting of the RMTA Limited on
September 22, 2004 held at the offices of Valentine & Co., 4
Dancastle Court, 14 Arcadia Avenue, London N3 2HS, the
extraordinary and ordinary resolutions to wind up the company
were passed.  Robert Valentine of 4 Dancastle Court, 14 Arcadia
Avenue, London N3 2HS has been appointed liquidator for the
purpose of such winding-up.

CONTACT:  VALENTINE & CO.
          4 Dancastle Court
          14 Arcadia Avenue
          London N3 2HS
          Phone: 020 8343 3710
          Fax: 020 9343 4486
          Web site: http://www.valentine-co.com


RTW LIMITED: Hires Liquidator from BDO Stoy Hayward
---------------------------------------------------
At an extraordinary general meeting of the RTW Limited on August
17, 2004 held at BDO Stoy Hayward LLP, 125 Colmore Row,
Birmingham B3 3SD, the subjoined special resolution to wind up
the company was passed.  Christopher Kim Rayment of BDO Stoy
Hayward LLP, 125 Colmore Row, Birmingham B3 3SD has been
appointed liquidator for the purpose of such winding-up.

CONTACT:  BDO STOY HAYWARD LLP
          125 Colmore Row,
          Birmingham B3 3SD
          Liquidator:
          Christopher Kim Rayment
          Phone: 0121 200 4600
          Fax: 0121 200 4650
          E-mail: birmingham@bdo.co.uk
          Web site: http://www.bdostoyhayward.co.uk


SCOTT-GRANT: Hires Joint Administrators from Begbies Traynor
------------------------------------------------------------
Name of Companies:
Scott-Grant (Management Services) Ltd.
Scott-Grant (Training Services) Ltd.
Scott-Grant (Technical Services) Ltd.

P Stanley and R Traynor have been appointed as administrators
for these companies.  The appointment was made September 23,
2004.

The companies are engaged in business and management consultancy
and labor recruitment.  Its registered office (for all
companies) is located at Alberton House, 30 St Marys Parsonage,
Manchester M3 2WJ.

CONTACT:  BEGBIES TRAYNOR
          Elliott House
          151 Deansgate,
          Manchester M3 3BP
          Phone: 0161 839 0900
          Fax:   0161 832 7436
          Web site: http://www.begbies.com


SKYEPHARMA PLC: Appoints New Non-executive Director
---------------------------------------------------
SkyePharma PLC (LSE: SKP; Nasdaq: SKYE) announces that the
Company has appointed Alan Bray as a non-executive Director.

Ian Gowrie-Smith, SkyePharma's non-executive Chairman, said: "We
welcome Alan's decision to accept our invitation to join the
Board.  His financial skills and long experience of advising
companies will be a valuable asset to us, especially as chairman
of the Company's Audit Committee."

Alan Bray, a chartered accountant, has recently retired from
Deloitte & Touche LLP, where he was latterly a senior partner in
the Financial Services Practice providing a wide range of
professional services to retail and investment banks, insurance
companies and asset management firms.  He was closely involved
with leading companies such as Merrill Lynch and Abbey National.
He was also responsible for the Practice's risk management
policies and procedures, a topic on which he has been a regular
speaker at seminars for financial institutions.

After becoming a partner in 1978, he was seconded to the
Department of Trade & Industry between 1986 and 1988, where he
advised Ministers on financial matters relating to nationalized
industries and private sector companies seeking government
assistance. He has also served as a member of one of the DTI's
Supervisory Boards and one of its Audit Committees.  Alan has
extensive experience in advising medium to large businesses and
also in litigation support, including acting as expert witness
in several prominent cases of professional negligence.  He is
married with two sons.

About SkyePharma

SkyePharma PLC uses its world-leading drug delivery technology
to develop easier-to-use and more effective formulations of
drugs.  The majority of challenges faced in the formulation and
delivery of drugs can be addressed by one of the Company's
proprietary technologies in the areas of oral, injectable,
inhaled and topical delivery, supported by advanced
solubilization capabilities.

CONTACT:  SKYEPHARMA PLC
          Phone: +44 207 491 1777
          Michael Ashton, Chief Executive Officer
          Peter Laing, Director of Corporate Communications
          Web site: http://www.skyepharma.com

          Sandra Haughton, U.S. Investor Relations
          Phone: +1 212 753 5780

          BUCHANAN COMMUNICATIONS
          Phone: +44 207 466 5000
          Tim Anderson/Mark Court


SPECTRUM PROJECTS: Sets Creditors Meeting Next Week
---------------------------------------------------
The creditors of Spectrum Projects Limited will meet on October
12, 2004 commencing at 11:00 a.m.  It will be held at the New
Connaught Rooms, 61-65 Great Queen Street, London WC2B 5DA.

Creditors who want to be represented at the meeting may appoint
proxies.  Proxy forms must be submitted together with written
debt claims to Rothman Pantall & Co, Clareville House, 26-27
Oxendon Street, London SW1Y 4EP not later than 12:00 noon,
October 11, 2004.

CONTACT:  ROTHMAN PANTALL & CO.
          Clareville House
          26/27 Oxendon Street
          London SW1Y 4EP
          Phone: +44 (0) 20 7930 7272
          Fax: +44 (0) 20 7930 9849
          E-mail: london@rothman-pantall.co.uk
          Web site: http://www.rothman-pantall.co.uk


TCB SERVICES: Creditors May Appoint Liquidator this Week
--------------------------------------------------------
            IN THE MATTER OF THE INSOLVENCY ACT 1986

                               and

               IN THE MATTER OF TCB Services Ltd.

Notice is hereby given, pursuant to section 98 of the Insolvency
Act 1986, that a meeting of Creditors of TCB Services Ltd. will
be held at Great Central House Great Central Avenue South
Ruislip HA4 6TS on October 6, 2004 at 11:00 a.m. for the purpose
of having a full statement of the position of the Company's
affairs, together with a list of the Creditors of the Company
and the estimated amount of their claims, laid before them, and
for the purpose, if thought fit, of nominating a Liquidator and
of appointing a Liquidation Committee.  (Sections 99-101 of the
said Act)

In accordance with section 98 (2) Insolvency Act 1986, a list of
Creditors' names and addresses will be available for inspection,
free of charge, at Pitman Cohen, Great Central House Great
Central Avenue South Ruislip HA4 6TS two business days prior to
the meeting.

By Order of the Board.

R. K. Soder, Director
September 13, 2004

CONTACT:  PITMAN COHEN
          Great Central House
          Station Approach
          Ruislip HA4 0JA
          Phone: 020 8841 5252


UNIMAX TRADING: Statement of Affairs Out Wednesday
--------------------------------------------------
            IN THE MATTER OF THE INSOLVENCY ACT 1986

                               and

               IN THE MATTER OF Unimax Trading Ltd.

Notice is hereby given, pursuant to section 98 of the Insolvency
Act 1986, that a meeting of Creditors of Unimax Trading Ltd.
will be held at Lawford House Albert Place London N3 1QA on
October 6, 2004 at 10:30 a.m. for the purpose of having a full
statement of the position of the Company's affairs, together
with a list of the Creditors of the Company and the estimated
amount of their claims, laid before them, and for the purpose,
if thought fit, of nominating a Liquidator and of appointing a
Liquidation Committee.  (Sections 99-101 of the said Act)

A Form of Proxy, if intended to be used by creditors wishing to
vote at the Meeting, must be duly completed and accompanied by
their statement of claim, and must be lodged at The Old Exchange
234 Southchurch Road Southend-on-Sea SS1 2EG not later than
12:00 noon on the business day before the Meeting.

Notice is also given, for the purpose of voting, that secured
Creditors must (unless they surrender their security) lodge at
The Old Exchange 234 Southchurch Road Southend-on-Sea SS1 2EG
before the Meeting, a statement giving particulars of their
security, the date when it was given, and the value at which it
is assessed.

Jamie Taylor of Begbies Traynor The Old Exchange 234 Southchurch
Road Southend-on-Sea SS1 2EG is a person qualified to act as an
Insolvency Practitioner in relation to the Company who will,
during the period before the day of the Meeting furnish
creditors free of charge with such information concerning the
Company's affairs as they may reasonably require.

By Order of the Board.

M. Levy, Director
September 9, 2004

CONTACT:  BEGBIES TRAYNOR
          The Old Exchange
          234 Southchurch Road
          Southend-on-Sea
          SS1 2EG
          Phone: 01702 467255
          Fax: 01702 467201
          E-mail: southend@begbies-traynor.com
          Web site: http://www.begbies.com


                            *********


S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter -- Europe is a daily newsletter co-
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Hills, Pennsylvania, USA, and Beard Group, Inc., Frederick,
Maryland USA.  Larri-Nil Veloso, Ma. Cristina Canson,
Liv Arcipe, and Julybien Atadero, Editors.

Copyright 2004.  All rights reserved.  ISSN 1529-2754.

This material is copyrighted and any commercial use, resale or
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