TCREUR_Public/041006.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

           Wednesday, October 6, 2004, Vol. 5, No. 198

                            Headlines

G E R M A N Y

BAUGESCHAFT GRETT: Construction Firm Files for Bankruptcy
CELANESE AG: Ships American Unit to BCP Crystal for EUR290 Mln
EGON SCHULZE: Frankfurt Court Appoints Provisional Administrator
FINK VERWALTUNGS: Administrator to File Report Later this Month
"GER-POL" GMBH: Proofs of Claim Due Next Week

GRUMMET GMBH: Selling Assorted Equipment, Assets
HAVANA GROSSHANDEL: Creditors' Claims Due Next Week
INFO PRO: Court Appoints Provisional Administrator of Business
JULICHER BETONSTAHLVERLEGUNGS: Under Bankruptcy Administration
KAMMERHOF GRUNDSTUCKSFONDS: Applies for Bankruptcy Proceedings

KARSTADTQUELLE AG: Logistic Operations Attract Fiege, DHL
KARSTADTQUELLE AG: EM.TV Eyes DSF Stake
"MATOS GMBH": Creditors Have Until November to File Claims
P B PFLASTERER: Administrator's Report Out December
TISCHLEREI KORF: Public Auction of Assets Next Week
WCM GROUP: Appoints Rainer Laufs New Supervisory Board Member
WESTLB AG: Two Savings Bank Answer Call for EUR1.5 Bln Capital


H U N G A R Y

BORSODCHEM RT: Ordinary Shares to Trade on Warsaw Bourse Friday
DUNAFERR RT: Closes HUF100 Billion Privatization Transaction


I R E L A N D

ELAN CORPORATION: Takes US$55 Million Charge for U.S. SEC Probe
KROMBERG & SCHUBERT: Transferring Operations to Slovakia


I T A L Y

ALITALIA SPA: Government Pledges EUR750 Million in Aid
CIRIO FINANZIARIA: San Miguel Eyes Stake in Del Monte Pacific


K Y R G Y Z S T A N

BAKAI TASH: Under Bankruptcy Supervision
DIALFARM: Proofs of Claim Deadline Set
KLIRINGCENTER MINISTRY: Auction of Accounts Receivable Next Week
KYRGYZAGROPROMBANK: Liquidator Sets Public Auction Date
SHAHTA KORGON: Insolvency Manager to Auction Assets in Two Weeks
TENIR: Bishkek Court Hires Manager to Temporarily Run Business


R U S S I A

BACHATSKOYE REPAIR-TECHNICAL: Proofs of Claim Due in Two Weeks
DERBENT-ENERGO: Under Bankruptcy Supervision
MECHANIZATION: Insolvency Manager Schedules Public Auction
NERCHINSK-GRAIN-PRODUCT: Insolvency Manager Takes over Business
PERVOMAYSKOYE: Court Names V. Bulat Insolvency Manager

PROKOPYEVSKIY MINE-STROY-MONTAZH: Succumbs to Bankruptcy
RODNIK: Court Hires External Manager to Temporarily Run Business
SIB-ENERGO-ZASHITA: Sets Deadline for Proofs of Claim
TV-RADIO-COMPANY: Kemerovo Court Appoints Insolvency Manager
VLADIKAVKAZSKIY: Bankruptcy Case Pending Before Severnaya Court
YUKOS OIL: Rivals Not Keen on Snatching Main Production Unit


S W I T Z E R L A N D

CONVERIUM AG: Facing Class Action in New York Court
CONVERIUM HOLDING: Wellington Cuts Shareholding to Less than 5%


U N I T E D   K I N G D O M

312312.COM LTD.: Creditors May Appoint Liquidator Next Week
AUCKLAND FINANCE: Liquidator to Give Update Later this Month
AUTO RESERVATION: Hires Administrator from Vantage
BABYSEE LIMITED: Members Opt to Wind up Business
B.C.S. CAR-MEN: Calls in Joint Administrators

BILLSILQUE LIMITED: Liquidators from BRI Take over Helm
BYREAD BUILDING: Members Agree to Liquidate Business
COURIER ECOSSE: First Liquidation Meeting Set
DIRECT PRINT: Liquidator's Final Report Out November
D & M JONES: Calls Members General Meeting

FINEST SEAFOOD: First Creditors' Meeting Set
FORTH HOTELS: Receivers to Present Report Next Week
FREIGHTEURO LIMITED: Members, Creditors Meeting Set November
GILLS CASTINGS: Appoints Joint Administrators from CBA
GRAHAME JACKSON: Names Knights & Company Liquidator

GRAPHIC IMAGE: Sets General Meeting to Hear Liquidator's Report
H.T. TRANSPORT: Members Approve Resolution to Wind up Company
JKS RENTALS: Appoints A.G. Kakouris Liquidator
J SAINSBURY: Owner Gives CEO Seven Months to Show Results
K G GHILKS: Members, Creditors Meeting Set November

LANGLOIS WELDING: Sets Final Meeting of Members, Creditors
MADDOX MAINTENANCE: Final Meeting Set Next Month
MARTINS DUNDYVAN: Liquidator to Give Update Later this Month
MT SUPPORT: Members Pass Winding up Resolutions
NETTLESTEAD LEISURE: Liquidator Known Next Week

OMNIBRIDGE CONSULTING: Names Vantis Redhead Administrator
PIEDRA LIMITED: Calls in Liquidator
PILOTSEAL LIMITED: Calls Meeting to Receive Liquidator's Report
PUBS INN: Hires Liquidator from Ward & Co.
RICHARD LAWSON: Brings in Joint Administrators

ROYAL MAIL: Discontinues Practice of Returning Undelivered Mails
SUBDALE PROPERTIES: Members General Meeting Set November
TEAMBAR PROMOTIONS: Names Thompson and Frost Liquidator
THE HORROR: Hires Joint Administrators from RMT
YELTAC LIMITED: Sets Final Meeting of Members Next Month


                            *********


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


BAUGESCHAFT GRETT: Construction Firm Files for Bankruptcy
---------------------------------------------------------
The district court of Munster opened bankruptcy proceedings
against construction firm Baugeschaft Grett GmbH on September
14.  Consequently, all pending proceedings against the company
have been automatically stayed.  Creditors have until November
18, 2004 to register their claims with court-appointed
provisional administrator Andreas Sontopski.

Creditors and other interested parties are encouraged to attend
the meeting on December 9, 2004, 8:30 a.m. at the district court
of Munster 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:  BAUGESCHAFT GRETT GMBH
          Grunstiege 102 A, 48599 Gronau
          Contact:
          Guido Grett, Manager
          Heerweg 34, 48599 Gronau

          Andreas Sontopski, Insolvency Manager
          Gnoiener Platz 1, 48493 Wettringen
          Phone: 02557/9384-0
          Fax: +492557938450

          DISTRICT COURT OF MUNSTER
          Gebaudeteil Eingang B
          Gerichtsstrasse 2 - 6, 48149 Munster, EG
          Saal 13 B


CELANESE AG: Ships American Unit to BCP Crystal for EUR290 Mln
--------------------------------------------------------------
The management board of Celanese AG (NYSE:CZ)(FWB:CZZ) approved
the divestment of Celanese Americas Corporation (CAC) to BCP
Crystal Acquisition GmbH & Co. KG (BCP).  CAC is the holding
company for the company's business operations in North America.
The transfer of the company to BCP is still pending approval by
the Celanese AG supervisory board.  CAC will be divested at a
value of approximately EUR290 million, which reflects the result
of a valuation of CAC by the Accounting Firm Ernst & Young.
Celanese AG had retained Ernst & Young to value CAC in the
course of the preparation of the Annual Accounts as of September
30, 2004.

BCP intends to transfer CAC to a U.S. holding company.  These
steps will optimize the group structure since the future parent
company of the Celanese group will have its headquarters in the
U.S.

In February 2004, BCP stated in its takeover offer documents
that if it succeeded in acquiring Celanese AG, it planned to
create a U.S. holding company and transfer CAC to it.  The
Celanese AG management board also referred to this intention in
its reasoned opinion on the takeover offer.

In divesting CAC, the Celanese AG board of management is acting
upon instructions from BCP under the domination and profit and
loss transfer agreement between Celanese AG and BCP.  This
agreement went into effect on October 1, 2004.

Celanese AG is a global chemicals company with leading positions
in its key products and world-class process technology.  The
Celanese portfolio consists of four main businesses: Chemical
Products, Acetate Products, Technical Polymers Ticona and
Performance Products.  In 2003, Celanese generated sales of
around EUR4.1 billion with about 9,500 employees.  The company
has 24 production plants and six research centers in 10
countries mainly in North America, Europe and Asia.

                            *   *   *

Celanese AG reported a second quarter operating profit of EUR54
million compared to EUR109 million in the same period last year,
which included EUR90 million of insurance recoveries related to
the previously disclosed plumbing litigation cases.  In the
second quarter 2004 report, the company said it had a net loss
for the period of EUR91 million, or EUR1.85 per share, compared
to net earnings of EUR96 million, or EUR1.95 per share, in the
same period last year.

In August, Standard & Poor's Ratings Services affirmed its 'B+'
corporate credit ratings on BCP Caylux Holdings Luxembourg
S.C.A. and its Frankfurt, Germany-based Celanese AG subsidiary
and removed them from CreditWatch where they were placed with
negative implications on December 16, 2003.  The outlook is
stable.

CONTACT:  CELANESE AG
          Web site: http://www.celanese.com
          Michael Kraft
          Phone: +49 (0)69/30514072
          Fax: +49 (0)69/305 36787
          E-mail: M.Kraft@celanese.com
          or
          Phillip Elliott
          Phone: +49 (0)69 /305 33480
          Fax: +49 (0)69/305 36784
          E-mail: P.Elliott@celanese.com


EGON SCHULZE: Frankfurt Court Appoints Provisional Administrator
----------------------------------------------------------------
The district court of Frankfurt am Main opened bankruptcy
proceedings against Egon Schulze Transporte-Spedition GmbH on
August 30.  Consequently, all pending proceedings against the
company have been automatically stayed.  Creditors have until
November 15, 2004 to register their claims with court-appointed
provisional administrator Angelika Amend.

Creditors and other interested parties are encouraged to attend
the meeting on January 18, 2004, 8:30 a.m. at Saal 1, Gebaude F,
Klingerstrasse 20, 60313 Frankfurt am Main 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:  EGON SCHULZE TRANSPORTE-SPEDITION GMBH
          Monchhofstrasse 26, 60326 Frankfurt am Main
          (HRB 36699)
          Phone: 069/733057

          Angelika Amend, Insolvency Manager
          Minnholzweg 2 b, D-61476 Kronberg
          Phone: 06173/78340
          Fax: 06173/783422


FINK VERWALTUNGS: Administrator to File Report Later this Month
---------------------------------------------------------------
Creditors and other interested parties in C.I.F. Fink GmbH & Co.
KG are encouraged to attend a meeting on October 28, 2004, 8:00
a.m. at Stuttgart, Hauffstr. 5, EG, Saal 4 for the
administrator's first report.  C.I.F applied for bankruptcy
proceedings on September 8.

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:  FINK VERWALTUNGS GMBH
          Contact:
          Edwin Fink, Manager
          Baierecker Str. 56, 73614 Schorndorf

          Dr. Wolfgang Bilgery, Insolvency Manager
          Humboldtstr. 16, 70178 Stuttgart
          Phone: 0711/966890
          Fax: 0711/9668919


"GER-POL" GMBH: Proofs of Claim Due Next Week
---------------------------------------------
The district court of Rostock opened bankruptcy proceedings
against "GER-POL" GmbH on September 8.  Consequently, all
pending proceedings against the company have been automatically
stayed.  Creditors have until October 14, 2004 to register their
claims with court-appointed provisional administrator Jens
Dohse.

Creditors and other interested parties are encouraged to attend
the meeting on November 24, 2004, 9:30 a.m. at the district
court of Rostock 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:  "GER-POL" GMBH
          Werner Felsch, Markt 6, 18258 Schwaan

          Jens Dohse, Insolvency Manager
          Hermannstrasse 5, 18055 Rostock

          DISTRICT COURT OF ROSTOCK
          Zochstrasse, 18057 Rostock, Saal 330


GRUMMET GMBH: Selling Assorted Equipment, Assets
------------------------------------------------
Karner & Co. GmbH will sell the properties of Grummet GmbH on
October 13, 2004, 2:00 p.m. to 5:00 p.m. at Bahnhofstrasse 17,
32805 Horn, Germany.

For sale are 70 woodworking items that include:

(a) Altendorf Formatkreissage F45 (1994 model);

(b) Joos Furnierpresse.  Size: 2500mm by 1200mm (1970 model);

(c) Johannsen Langbandschleifmaschine T94 (1995 model);

(d) Kolle Abrichte/Dickte-Hobelmaschine HK63 (1970 model);

(e) Frommia Tischfrase 700 N (1960 model);

(f) Lower Kantenschleifmaschine (1998 model);

(g) Karl Muller Bandsage N-RA; and

(h) Complete workshop and office equipment of the company.

CONTACT:  KARNER & CO. GMBH
          Phone: 05292 /931432
          Fax: 05292 /931434
          E-mail: meier.karner@goindustry.com


HAVANA GROSSHANDEL: Creditors' Claims Due Next Week
---------------------------------------------------
The district court of Darmstadt opened bankruptcy proceedings
against HAVANA Grosshandel- und Franchise GmbH on September 9.
Consequently, all pending proceedings against the company have
been automatically stayed.  Creditors have until October 14,
2004 to register their claims with court-appointed provisional
administrator Ulrich Bert.

Creditors and other interested parties are encouraged to attend
the meeting on November 25, 2004, 9:30 a.m. at Zimmer 108,
Gebaude E, Landwehrstrasse 48, 64293 Darmstadt 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:  HAVANA GROSSHANDEL- UND FRANCHISE GMBH
          Rheinstrasse 24, 64283 Darmstadt
          (AG Darmstadt, HRB 7046)
          Contact:
          Peer Hans Appelshauser, Manager
          Schonbornstrasse 39, 63075 Offenbach
          Phone: 0 61 51 / 70 28 0 - 70
          Fax: 0 61 51 / 70 28 0 - 71
          E-mail: info@havana-bar.de
          Web site: http://www.havana-bar.de

          Ulrich Bert, Insolvency Manager
          Birkenweg 24, 64295 Darmstadt
          Phone: 06151/66729-0
          Fax: 06151/66729-20


INFO PRO: Court Appoints Provisional Administrator of Business
--------------------------------------------------------------
The district court of Dusseldorf opened bankruptcy proceedings
against info pro Unternehmensberatung GmbH on September 15.
Consequently, all pending proceedings against the company have
been automatically stayed.  Creditors have until November 11,
2004 to register their claims with court-appointed provisional
administrator Dr. Winfrid Andres.

Creditors and other interested parties are encouraged to attend
the meeting on November 25, 2004, 8:30 a.m. at the district
court of 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:  INFO PRO UNTERNEHMENSBERATUNG GMBH
          Heltorfer Mark 138, 40489 Dusseldorf
          Contact:
          Eckhard Kreier, Manager
          Heltorfer Mark 138, 40489 Dusseldorf

          Dr. Winfrid Andres, Insolvency Manager
          Neuer Zollhof 3, 40221 Dusseldorf

          DISTRICT COURT OF DUSSELDORF
          Hauptstelle, Muhlenstrasse 34
          40213 Dusseldorf, 3. OG Altbau, A 341


JULICHER BETONSTAHLVERLEGUNGS: Under Bankruptcy Administration
--------------------------------------------------------------
The district court of Aachen opened bankruptcy proceedings
against Julicher Betonstahlverlegungs GmbH on September 13.
Consequently, all pending proceedings against the company have
been automatically stayed.  Creditors have until October 29,
2004 to register their claims with court-appointed provisional
administrator Thomas Georg.

Creditors and other interested parties are encouraged to attend
the meeting on December 6, 2004, 9:15 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:  JULICHER BETONSTAHLVERLEGUNGS GMBH
          Lokman i.L., Alte Turmstr. 11, 52457 Aldenhoven
          Contact:
          Celik Lokmann

          Thomas Georg, Insolvency Manager
          Frankenstr. 12-16, 52070 Aachen
          Phone: 0241/94618-0
          Fax: 0241/533562

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


KAMMERHOF GRUNDSTUCKSFONDS: Applies for Bankruptcy Proceedings
--------------------------------------------------------------
The district court of Rostock opened bankruptcy proceedings
against Kammerhof Grundstucksfonds- und Beteiligungsgesellschaft
mbH on September 7.  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 Ulrike Hoge-Peters.

Creditors and other interested parties are encouraged to attend
the meeting on November 24, 2004, 11:00 p.m. at the district
court of Rostock 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:  KAMMERHOF GRUNDSTUCKSFONDS- UND
          BETEILIGUNGSGESELLSCHAFT MBH
          Contact:
          Eckart Gruder, Manager
          Klosterstrasse 1, 18209 Bad Doberan

          Ulrike Hoge-Peters, Insolvency Manager
          Roxa-Luxemburg-Strasse 8, 18055 Rostock

          DISTRICT COURT OF ROSTOCK
          Zochstrasse, 18057 Rostock, Saal 330


KARSTADTQUELLE AG: Logistic Operations Attract Fiege, DHL
---------------------------------------------------------
Logistic service provider Fiege is currently in talks with
KarstadtQuelle AG regarding plans to acquire the retail giant's
logistics division, Frankfurter Allgemeine Zeitung says.

KarstadtQuelle is planning to sell its entire logistics
operations as part of its restructuring plan.  Aside from Fiege,
Deutsche Post's logistics subsidiary DHL has also expressed
interest in the unit.  The retail giant earlier said
negotiations regarding the transfer of its logistics activities
to an external service provider had reached the final phase.

Fiege, which booked EUR1.42 billion in turnover in 2003, has
around 12,000 full-time employees, 5,000 of them based in
Germany.

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

          FIEGE DEUTSCHLAND GMBH & CO. KG
          Joan-Joseph-Fiege-Strasse 1
          48268 Greven
          Phone: +49 2571 999-0
          Fax: +49 2571 999-888
          Video: +49 2571 915-735
          Web site: http://www.fiege.de

          DHL WORLDWIDE EXPRESS GMBH
          Monzastrasse 2
          Langen 63225
          Phone: 0800 2255345
                 49-6103-765-60
          Web site: http://www.dhl.de


KARSTADTQUELLE AG: EM.TV Eyes DSF Stake
---------------------------------------
Media group EM.TV interested in buying KarstadtQuelle's stake in
sports TV channel Deutsches Sport Fernsehen (DSF), Die Welt
says.

EM.TV Chairman Werner E. Klatten recently told a newspaper he
had already informed the ailing retail giant of his group's
interest.  EM.TV and KarstadtQuelle each own around 40% of DSF.
The two groups also hold a first refusal right and a pre-emptive
right for DSF.

DSF expects to break even in 2004 after a major restructuring
program rescued the sports channel from insolvency earlier this
year.  It also expects to book its first profit in the first
half since its founding in 1993 by Thomas Haffa.  Kirch Media
used to owned DSF.

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

          DEUTSCHES SPORT FERNSEHEN GMBH
          Munchner Str. 101
          85737 Ismaning
          Germany
          Phone: 89 96 06 60
          Fax: 89 96 06 61 00 9
          Web site: http://www.dsf.de

          EM.TV A.G.
          Beta-Strasse 11
          D-85774 Unterfohring
          Phone: +49 (0) 89 99 500-0
          Fax: +49 (0) 89 99 500-111
          E-mail: info@em.tv
          Web site: http://www.em.tv


"MATOS GMBH": Creditors Have Until November to File Claims
----------------------------------------------------------
The district court of Dortmund opened bankruptcy proceedings
against "MATOS GmbH" on September 15.  Consequently, all pending
proceedings against the company have been automatically stayed.
Creditors have until November 5, 2004 to register their claims
with court-appointed provisional administrator Dr. Petra Mork.

Creditors and other interested parties are encouraged to attend
the meeting on November 10, 2004, 9:00 a.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 5, 2004, 9:15 a.m. at the same venue.

CONTACT:  "MATOS GMBH"
           Natroper Str. 73, 59439 Holzwickede

           Dr. Petra Mork, Insolvency Manager
           Arndtstr. 28, 44135 Dortmund
           Phone: 0231-952063-0
           Fax: 0231-95206316

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


P B PFLASTERER: Administrator's Report Out December
---------------------------------------------------
The district court of Dortmund opened bankruptcy proceedings
against P B Pflasterer-Bau GmbH on September 14.  Consequently,
all pending proceedings against the company have been
automatically stayed.  Creditors have until October 19, 2004 to
register their claims with court-appointed provisional
administrator Stephan Heinrichsmeyer.

Creditors and other interested parties are encouraged to attend
the meeting on December 14, 2004, 9:20 a.m. at the district
court of Dortmund 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:  P B PFLASTERER-BAU GMBH
          Trumweg 4 b, 44269 Dortmund
          Bernhard Courivad, Brinkmannstr. 26
          44359 Dortmund

          Stephan Heinrichsmeyer, Insolvency Manager
          Spiekergasse 6-8, 33330 Gutersloh
          Phone: 05241/92 02-0
          Fax: 92 02 22

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


TISCHLEREI KORF: Public Auction of Assets Next Week
---------------------------------------------------
Karner & Co. GmbH will sell the properties of Tischlerei Korf
GmbH on October 13, 2004, 9:00 a.m. at Am Betonwerk 13, 32683
Barntrup, Germany.

For sale are 60 items that include:

(a) Altendorf Formatkreissäge F45 Elmo (2001 model);

(b) Einseitige Kantenanleimmaschine OTT Profimatic M256 (1989
    model);

(c) Yale Gas fork lifter GLP 032 Aus (1978 model);

(d) Compair Compressor L07 (2003 model);

(e) Maka Langbandschleifmaschine SM3000 (1992 model);

(f) Veb Kantenbandschleifer Fahrbar KS225 (1987 model); and

(g) Complete workshop and office equipment of the company.

CONTACT:  KARNER & CO. GMBH
          Phone: 05292 /931432
          Fax: 05292 /931434
          E-mail: meier.karner@goindustry.com


WCM GROUP: Appoints Rainer Laufs New Supervisory Board Member
-------------------------------------------------------------
The Frankfurt am Main District Court appointed Rainer Laufs
member of the Supervisory Board of WCM Beteiligungs- und
Grundbesitz-Aktiengesellschaft at the application of the
Management Board.

Most recently, Rainer Laufs managed Deutsche Shell AG, Hamburg
until 1999, as Chairman of the Management Board.  Rainer Laufs
is currently the CEO of the Forum fur Zukunftsenergien e.V.,
Berlin.

Rainer Laufs succeeds Dr. Peter Gloystein on the Supervisory
Board, who retired from his position on the grounds of his
appointment as Senator for Business and Culture in Bremen.

                            *   *   *
The results of ordinary business activity in the WCM Group
totaled -EUR13.8 million in second quarter of 2004,
against -EUR17.8 million year-on-year.  In the first six months,
the results of ordinary business activity amounted to -EUR16.9
million compared to -EUR32.9 million year-on-year.

EBIT in second quarter of 2004 was -EUR0.7 million (PY: EUR22.6
million).  In the first six months EBIT totaled EUR8.4 million
(PY: EUR28.7 million). EBITDA was EUR11.5 million compared to
EUR34.2 million year-on-year.  In the first six months EBITDA
was EUR30.8 million (PY: EUR 59.1 million).

CONTACT:  WCM BETEILIGUNGS- UND GRUNDBESITZ-AKTIENGESELLSCHAFT
          Opernplatz 2
          60313 Frankfurt, Germany
          Postfach 17 05 45
          60079 Frankfurt am Main
          Phone +49 (0) 69 90026-0
          Fax: +49 (0) 69 90026-110
          E-mail: info@wcm.de
          Web site: http://www.wcm.de


WESTLB AG: Two Savings Bank Answer Call for EUR1.5 Bln Capital
--------------------------------------------------------------
Following the June 29 AGM decision on a EUR1.5 billion capital
increase, WestLB on Thursday received two EUR750 million cash
contributions from Rheinischer Sparkassen- und Giroverband
(RSGV) and Westfalisch-Lippischer Sparkassen- und Giroverband
(WLSGV), the two savings banks and giro associations.

The capital increase will become legally effective upon its
entry in the Commercial Registers of Munster and Dusseldorf,
which we expect before the end of October 2004.

Entry in the commercial registers is the prerequisite for the
legal validity of the new shareholder structure.

CONTACT:  WESTLB AG
          Dusseldorf Head Office
          Herzogstrabe 15
          40217 Dusseldorf
          Phone: (0211) 826-01
          Fax: (0211) 826-6119
          E-mail: info@westlb.de

          Munster Head Office
          Friedrichstrabe 1
          48145 Munster
          Phone: (02 51) 412-01
          Fax: (02 51) 412 2921
          E-mail: info@westlb.de


=============
H U N G A R Y
=============


BORSODCHEM RT: Ordinary Shares to Trade on Warsaw Bourse Friday
---------------------------------------------------------------
BorsodChem Rt. informs the participants of the capital market
that on Monday the Management Board of the Warsaw Stock Exchange
admitted in a formal resolution the Company's ordinary shares
(ISIN code: HU0000072640) to trading on the Warsaw Stock
Exchange, pursuant to which resolution the first trading day of
the Shares on the Warsaw Stock Exchange will be 8 October 2004.

Kazincbarcika, 04 October 2004
Laszlo F. Kovacs, CEO

CONTACT:  BORSODCHEM RT
          Gabor Hegyi
          Capital Communications
          Phone: +36 1 266 0199

          Laszlo F. Kovacs
          Chief Executive Officer


DUNAFERR RT: Closes HUF100 Billion Privatization Transaction
------------------------------------------------------------
The privatization process of Dunaferr Dunai Vasmu Rt. has
finished successfully complying with the closing conditions
specified in the share subscription and investment agreement
between State Privatization and Holding Co. and the investment
consortium formed by Industrial Union of Donbass, Alchevsky
Metallurgical Combine Co., Duferco International Trading Co.
Ltd., as well as Kundax AG.

The document on this was signed by Miklos Kamaros, CEO of APV
Rt., Sergey Taruta, President of the Board of Directors of
Industrial Union of Donbass Corporation and Peter Honig, CEO of
Dunaferr Rt. on Thursday in Dunaujvaros.

Complying with the closing conditions of the share subscription
and investment agreement concluded earlier between APV Rt. and
the investor consortium lead by Industrial Union of Donbass
Corporation overall 1,540,822 pieces of registered Dunaferr
Dunai Vasmu Rt. ordinary shares with the nominal value of
HUF5,091 each were transferred to the name of Kundax AG, the
assigned member of the consortium.

The investor consortium has paid the purchase price of the
shares before the term 29 September determined by the General
Assembly of Dunaferr and has paid in the countervalue of the
capital increase of HUF17.3 billion.  Not only the privatization
process publicized on 15 September last year has finished by the
financial transaction, but the future of Dunaferr, Dunaujvaros
and the region can also be arranged on the long term.

"One of the most compound transactions of the three year long
privatization program was finished.  In the last one and a half
year it was established that in significant part of the cases
the privatization is not simply buying and selling, but a
complex process taking employment, regional and development
interests into consideration as well.  It is my belief that
Dunaferr has found such a strategic partner, which will take the
responsibility of the future of the Ironworks and the company
also on the long term," Miklos Kamaras, CEO of APV Rt. told on
the occasion of the signing ceremony.

As it is known the winner of the single tender invited for the
state-owned share package of 79.48% of DUNAFERR Rt., Industrial
Union of Donbass Corporation undertook to keep the present
number of employees for five years.  The total value of the
privatization transaction -- including the capital increase of
HUF17.3 billion, the middle term undertakings for investment of
almost HUF72 billion, for sub0region development of HUF1.3
billion, as well as concerning the improvement of the working
conditions, respectively the purchase price of HUF444 million --
amounts to almost HUF100 billion.

Besides this Dunaferr Rt. has disposed of a significant part of
its loans on the basis of the financial consolidation
undertaking of the investor consortium.  "It is unique also in
regional respect that the future of such a significant steel
industrial company could be assured without using public funds.
Together with this the role of the state continues in Dunaferr,
as we have took part in the management of the company and remain
interested in its future success," Imre Baranyi, Member of the
Board of Directors of APV Rt., Chairman of the Privatization
Process Evaluating Committee highlighted.

Sergey Taruta, President of the Board of Directors of Industrial
Union of Donbass Corporation also expressed his satisfaction at
the successful finishing of privatization: "The simple balance
of the complex process is a more productive Dunaferr.  This is
our aim.  And this is good for the shareholders, the workers,
the town and the region as well."

The aggregate turnover of Industrial Union of Donbass
Corporation -- without subsidiaries -- being one of the leading
metallurgical company groups in Ukraine and CIS reached US$1.74
billion last year.  This means an increase of 85% compared to
that of the previous year.  The gross profit of the company
group increased from almost US$39 million to US$78.9 million and
its net profit reached US$26 million.

"A serious opportunity was given to Dunaferr to share in the
positive effect of steel industrial boom as a member of a
significant steel producing and trading consortium determinant
on the world market," Sergey Taruta told on the future of the
ironworks in Dunaujvaros, which became a member company of
Industrial Union of Donbass Corporation.

Dunaferr Company Group closed last year with a profit before
taxation of HUF193 million beside the accumulated revenue of
HUF364 billion against the loss of HUF2.6 billion determined in
the basic plan for the year 2003.  "The future of the
development of Dunaferr started this year was ensured by the
successful finishing of privatization on the long term," Peter
Honig, CEO of Dunaferr Rt. summarized what has happened on the
closing ceremony.

CONTACT:  DUNAFERR RT
          Web site: http://www.dunaferr.hu


=============
I R E L A N D
=============


ELAN CORPORATION: Takes US$55 Million Charge for U.S. SEC Probe
---------------------------------------------------------------
Elan Corporation plc will file its interim results for the six
months ended 30 June 2004, prepared under Irish GAAP, with the
Dublin and London Stock Exchanges this week.

The interim results will include a reserve for the Company's
estimate of the liabilities related to the previously disclosed
shareholder class action lawsuit and the ongoing Securities and
Exchange Commission (S.E.C.) investigation.  The reserve, which
is expected to amount to US$55 million, net of related insurance
coverage, will be reflected as a charge in the Company's income
statement for the six months ended 30 June 2004.  A detailed
description of the shareholder class action lawsuit and the
S.E.C. investigation is set out in Note 25 of the Company's 2003
Annual Report on Form 20-F under the heading "Securities
matters/SEC investigation."

The Company is currently in discussions to resolve both the
shareholder class action lawsuit and the S.E.C. investigation as
soon as practicable.

Once the interim results are filed with the Stock Exchanges, the
filing will be furnished to the S.E.C. on Form 6-K and can then
be accessed at http://www.elan.comand clicking on the Investor
Relations section.

About Elan

Elan is a neuroscience-based biotechnology company that is
focused on discovering, developing, manufacturing, selling and
marketing advanced therapies in neurodegenerative diseases,
autoimmune diseases and severe pain.  Elan's (NYSE: ELN) shares
trade on the New York, London and Dublin Stock Exchanges.

CONTACT:  ELAN CORPORATION, PLC
          Investors:
          Emer Reynolds
          Phone: 353-1-709-4000
              Or 800-252-3526

          Media:
          Anita Kawatra
          Phone: 212-407-5740
              Or 800-252-3526


KROMBERG & SCHUBERT: Transferring Operations to Slovakia
--------------------------------------------------------
Cable manufacturing firm Kromberg & Schubert is closing its
plant in Co Waterford at the end of the year due to
unsustainable costs.  The company said it had continued to
invest in manufacturing equipment, resources and logistics to
improve competitiveness, but there are costs that went beyond
its control.  It is moving operations to Slovakia.

"Markets are changing rapidly in our industry and so does the
competitive environment.  The group is facing an extremely high
pressure from its global customers to continue to reduce
prices," it said in a statement.

The move is to result to the loss of 75 jobs in a city where
redundancies is a trend this year.  SIPTU, the main union at the
company, is negotiating the future of the workers.

Kromberg opened in Waterford in 1973.  By the early 1990s, it
was employing 1,200 people.  Last year, the company relocated
some operations to Hungary, cutting almost half of its workforce
of 140.

CONTACT:  KROMBERG & SCHUBERT
          Waterford Industrial Estate
          Cork Rd. Waterford
          Phone: +353-51-375955
          Fax: +353-51-373714


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


ALITALIA SPA: Government Pledges EUR750 Million in Aid
------------------------------------------------------
The government will inject EUR750 million in fresh funds to
Alitalia as part of the struggling carrier's recapitalization,
Il Sole 24 Ore says.

The amount was reflected in the government's 2004 finance bill.
Private investors are expected to pour in the same amount for
the company's flight division as the European Union sought to
bring down the government's 62% stake to no more than 49%.  The
state wants to keep its stake at the airline at no less than
30%.  European approved Alitalia's EUR400 state-guaranteed
bridging loan in July provided that the airline be privatized
and unions approved its restructuring plan.

Alitalia's restructuring plan entails splitting off the company
to ground and flight divisions.  The company will retain the
flight unit and pour in some EUR1.5 billion in fresh investments
while spin off its ground unit.  State holding Fintecna will
bring in some EUR780 million into the ground services division
to gain a 49% stake.  Fintecna's investments is expected to help
Alitalia's recapitalization as it will allow the ground unit to
take in large chunk of the carrier's debt.

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


CIRIO FINANZIARIA: San Miguel Eyes Stake in Del Monte Pacific
-------------------------------------------------------------
The Philippines' largest food and beverage group San Miguel
Corporation is conducting due diligence on Singapore-listed Del
Monte Pacific.

The company said it may buy a 40% stake in Del Monte Pacific,
but it has not made a definite decision yet, according to
Channel News Asia.  Meanwhile, a Business World report citing an
insider, said San Miguel is unlikely to proceed with a bid as it
just acquired a 50% stake in Australian juice company Berri Ltd.

The 40% stake held by Italian food group Cirio in Del Monte
Pacific has a market value of US$290 million.  A bid from San
Miguel could force it to make a general takeover offer.  Bidders
linked to the possible acquisition include Japan's Sumitomo Corp
and the U.S. companies, HJ Heinz and Fresh Del Monte Produce.

Philippine-based pineapple canner Del Monte Pacific posted a 23%
drop in net profit for the second quarter to USS$6.6 million.
It had warned that full-year earnings would miss its earlier
forecast.

CONTACT:  FRESH DEL MONTE PRODUCE INC.,
          Coral Gables
          Dana Weinstein
          Phone: 305-520-8278


===================
K Y R G Y Z S T A N
===================


BAKAI TASH: Under Bankruptcy Supervision
----------------------------------------
The Talas Regional Inter-District Court on Economic Issues has
commenced bankruptcy supervision procedure on Cooperative
Bakai Tash.  Mr. Alymkul Eshenkulov (License Number 0112) was
appointed temporary insolvency manager on April 13, 2004.
Creditors will meet on October 15, 2004, 10:00 a.m. at Talas,
Building of Regional State Administration, 2nd floor, Room 217.

Creditors must submit their proofs of claim and register with
the temporary insolvency manager seven days prior to the
meeting.  Proxies must have authorization to vote.  For more
information, call (0-3422) 5-28-54.


DIALFARM: Proofs of Claim Deadline Set
--------------------------------------
The Chui Regional Inter-District Court has commenced bankruptcy
supervision procedure on LLC Dialfarm.   Mr. Abdygul Jeenbekov
(License Number 0303) has been appointed temporary insolvency
manager.  Creditors will meet on October 15, 2004, 11:00 a.m. at
Bishkek, Erkindik Avenue, 57, Room 101.

Creditors must submit their proofs of claim and register with
the temporary insolvency manager seven days prior to the
meeting.  Proxies must have authorization to vote.  For more
information, call (0-312) 62-68-29.


KLIRINGCENTER MINISTRY: Auction of Accounts Receivable Next Week
----------------------------------------------------------------
The bidding organizer and insolvency manager of Kliringcenter
Ministry of Foreign Trade and Industry will auction the firm's
accounts receivable on October 11, 2004, 11:00 a.m. at Bishkek,
Chui Avenue, 106, Room 134.

For sale is Kliringcenter's receivable from JSC Severnaya PMK.
Starting price is KGS22,715,904.  Participants must deposit an
amount equivalent to 10% of the starting price to the cashier of
Kliringcenter Ministry of Foreign Trade and Industry on or
before October 8, 2004, until 12:00 noon.  Bids must be
submitted to Bishkek, Chui Avenue, 106, Room 134.  For more
information, call (0-312) 62-52-31.


KYRGYZAGROPROMBANK: Liquidator Sets Public Auction Date
-------------------------------------------------------
The liquidator of JC Kyrgyzagroprombank will sell its properties
on October 8, 2004, 10:00 a.m. at Bishkek, Chui Avenue, 114,
Room 208.  For more information, call (0-312) 66-05-82 or
62-69-91.


SHAHTA KORGON: Insolvency Manager to Auction Assets in Two Weeks
----------------------------------------------------------------
The bidding organizer and insolvency manager of open joint stock
company Shahta Korgon-Tash will auction the firm's properties on
October 19, 2004, 10:00 at Jalal-Abad, Panfilov Str. 34, 2nd
floor, Building of Regional State Administration.

For sale are:

(a) Lots 1-5: Ventilator, tank truck, charging station and
              substation;

(b) Lot 6: Bus H3AC-4951.  Starting price: KGS73,026,000;

(c) Lot 7: Ventilator 21.  Starting price: KGS52,700,000.

Participants must deposit an amount equivalent to 10% of the
starting price to the cashier of Shahta Korgon-Tash.  Bids must
be submitted to Kokjangak, Krasnoarmeiskaya Str. 4 between now
and the auction date from 9:00 a.m. to 4:00 p.m.  For more
information, call (0-3743) 2-16-19.


TENIR: Bishkek Court Hires Manager to Temporarily Run Business
--------------------------------------------------------------
The Bishkek Inter-District Court has commenced bankruptcy
supervision procedure on LLC Tenir.  Mr. Abdygul Jeenbekov
(License Number 0303) has been appointed temporary insolvency
manager.  Creditors will meet on October 15, 2004, 10:00 a.m. at
Bishkek, Erkindik Avenue, 57, Room 101.

Creditors must submit their proofs of claim and register with
the temporary insolvency manager seven days prior to the
meeting.  Proxies must have authorization to vote.  For more
information, call: (0-312) 62-68-29.


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


BACHATSKOYE REPAIR-TECHNICAL: Proofs of Claim Due in Two Weeks
--------------------------------------------------------------
The Arbitration Court of Kemerovo region has commenced
bankruptcy proceedings against Bachatskoye Repair-Technical
Enterprise after finding the open joint stock company insolvent.
The case is docketed as A27-17590/2003-4.  Mr. I. Kovtun has
been appointed insolvency manager.  Creditors have until October
20, 2004 to submit their proofs of claim to 650023, Russia,
Kemerovo, Moskovskiy Pr. 17 B-4.

CONTACT:  BACHATSKOYE REPAIR-TECHNICAL ENTERPRISE
          652644, Russia,
          Kemerovo region, Belovo, Inskoy,
          Tekhnologicheskiy location, 10

          Mr. I. Kovtun
          Insolvency Manager
          650023, Russia, Kemerovo,
          Moskovskiy Pr. 17 B-4


DERBENT-ENERGO: Under Bankruptcy Supervision
--------------------------------------------
The Arbitration Court of Dagestan republic has commenced
bankruptcy supervision procedure on Derbent-Energo.  The case is
docketed as A15-628/04-7.  Mr. R. Ramazanov has been appointed
temporary insolvency manager.  Creditors may submit their proofs
of claim to 367008, Russia, Dagestan republic, Makhachkala,
Ukhmanova Str. 12.

CONTACT:  DERBENT-ENERGO
          Russia, Dagestan republic,
          Derbent, Pushkina Str. 86

          Mr. R. Ramazanov
          Temporary Insolvency Manager
          367008, Russia,
          Dagestan republic, Makhachkala,
          Ukhmanova Str. 12
          Phone: (8722) 68-32-69


MECHANIZATION: Insolvency Manager Schedules Public Auction
----------------------------------------------------------
The bidding organizer and insolvency manager of Mechanization
will auction the firm's properties tomorrow at 2:00 p.m.  The
auction will take place at 658210, Russia, Altay region,
Rubtsovsk, Lenina Pr., 192-1.  Up for sale is a property complex
carrying a starting price of RUB4,292,370.

The list of documentary requirements for participants is
available at 658210, Russia, Altay region, Rubtsovsk, Lenina Pr.
192-1.

CONTACT:  MECHANIZATION
          658210, Russia,
          Altay region, Rubtsovsk,
          Post User Box 3


NERCHINSK-GRAIN-PRODUCT: Insolvency Manager Takes over Business
---------------------------------------------------------------
The Arbitration Court of Chita region has commenced bankruptcy
proceedings against Nerchinsk-Grain-Product after finding the
open joint stock company insolvent.  The case is docketed as
A78-4251/02-B-1374.  Mr. S. Karpov has been appointed insolvency
manager.  Creditors have until October 20, 2004 to submit their
proofs of claim to 672007, Russia, Chita, Kurnatovskogo Str.
19A-34.

CONTACT:  NERCHINSK-GRAIN-PRODUCT
          673400, Russia, Chita region,
          Nerchinsk, Oktybrskaya Str. 128

          Mr. S. Karpov
          Insolvency Manager
          672007, Russia, Chita,
          Kurnatovskogo Str. 19A-34


PERVOMAYSKOYE: Court Names V. Bulat Insolvency Manager
------------------------------------------------------
The Arbitration Court of Saint-Petersburg and the Leningrad
region has commenced bankruptcy supervision procedure on CJSC
Pervomayskoye (TIN 6018008989).  The case is docketed as
A56-11728/04.  Mr. V. Bulat has been appointed temporary
insolvency manager.

Creditors may submit their proofs of claim to 180504, Russia,
Pskov region, Pskov region, Tyashma.  A hearing will take place
on October 21, 2004, 10:00 a.m.

CONTACT:  Mr. V. Bulat
          Temporary Insolvency Manager
          190103, Russia,
          Saint-Petersburg,
          Obvodnogo Kanala Quay, 181


PROKOPYEVSKIY MINE-STROY-MONTAZH: Succumbs to Bankruptcy
--------------------------------------------------------
The Arbitration Court of Kemerovo region has commenced
bankruptcy proceedings against Prokopyevskiy Mine-Stroy-Montazh
after finding the close joint stock company insolvent.  The case
is docketed as A27-13197/2003-4.  Mr. A. Samokhin has been
appointed insolvency manager.  Creditors have until October 20,
2004 to submit their proofs of claim to 653000, Russia, Kemerovo
region, Prokopyevsk, Revolutsii Str. 4.

CONTACT:  PROKOPYEVSKIY MINE-STROY-MONTAZH
          653000, Russia,
          Kemerovo region, Prokopyevsk,
          Revolutsii Str. 4

          Mr. A. Samokhin
          Insolvency Manager
          653000, Russia,
          Kemerovo region, Prokopyevsk,
          Revolutsii Str. 4


RODNIK: Court Hires External Manager to Temporarily Run Business
----------------------------------------------------------------
The Arbitration Court of Volgograd region has commenced external
management bankruptcy procedure on cooperative society Dubovskiy
Experimental Factory Rodnik (TIN 3405009303, KPP 340501001).
The case is docketed as A12-15496/02-S31.  Ms. Z. Trigolosova
has been appointed external insolvency manager.

CONTACT:  RODNIK
          Russia, Volgograd region,
          Dubrovka, Kharkovskaya Str. 103

          Ms. Z. Trigolosova
          External Insolvency Manager
          400005, Russia,
          Volgograd, Sovetskaya Str. 51,
          Office 15


SIB-ENERGO-ZASHITA: Sets Deadline for Proofs of Claim
-----------------------------------------------------
The Arbitration Court of Kemerovo region has commenced
bankruptcy proceedings against Sib-Energo-Zashita (TIN
4205001002) after finding the open joint stock company
insolvent.  The case is docketed as A27-18295/2003-4.  Mr. S.
Sergienko has been appointed insolvency manager.   Creditors
have until October 20, 2004 to submit their proofs of claim to
650000, Russia, Kemerovo, Main Post Office, Post User Box 962.

CONTACT:  SIB-ENERGO-ZASHITA
          650024, Russia,
          Kemerovo region, Kemerovo,
          Baumana Str. 59

          Mr. S. Sergienko
          Insolvency Manager
          650000, Russia, Kemerovo,
          Main Post Office,
          Post User Box 962


TV-RADIO-COMPANY: Kemerovo Court Appoints Insolvency Manager
------------------------------------------------------------
The Arbitration Court of Kemerovo region has commenced
bankruptcy proceedings against TV-Radio-Company Region-RTV after
finding the municipal unitary enterprise insolvent.  The case is
docketed as A27-18294/2003-4.  Mr. I. Kovtun has been appointed
insolvency manager.  Creditors have until October 20, 2004 to
submit their proofs of claim to 650023, Russia, Kemerovo region,
Moskovskiy Pr. 17 B-4.

CONTACT:  TV-RADIO-COMPANY REGION-RTV
          652644, Russia,
          Kemerovo region, Belovo,
          Lipetskaya Str. 28

          Mr. I. Kovtun
          Insolvency Manager
          650023, Russia,
          Kemerovo region,
          Moskovskiy Pr. 17 B-4


VLADIKAVKAZSKIY: Bankruptcy Case Pending Before Severnaya Court
---------------------------------------------------------------
The Arbitration Court of Severnaya Osetiya republic-Alaniya has
commenced external management bankruptcy procedure on state
unitary enterprise Vladikavkazskiy Meat-Combine (TIN
1500000106).  The case is docketed as A-61-503/03-12.  Mr. R.
Guriev has been appointed external insolvency manager.

CONTACT:  Mr. R. Guriev
          External Insolvency Manager
          Russia, Severnaya Osetiya republic-Alaniya,
          Vladikavkaz, Telmana Str. 47


YUKOS OIL: Rivals Not Keen on Snatching Main Production Unit
------------------------------------------------------------
Russia's leading energy firms on Monday denied interest in the
main west Siberian production subsidiary of Yukos Oil, reports
say.  Lukoil, TNK-BP, Surgutneftegaz, and Gazprom all said they
do not want Yuganskneftegaz, the division that accounts for 60%
of Yukos' oil production.  The country's largest oil group has
vowed to keep the unit even it entails going to the court.

Yuganskneftegaz is currently being evaluated for a possible sale
to pay down Yukos' back-tax bill.  Analysts believe a sell-off
is likely after Yukos repeatedly asked for an extension to pay
its tax debts.  It is also thought the unit would be sold to a
state company despite Russian president Vladimir Putin's
pronouncement that there are no plans to re-nationalize Yukos.

Yukos has US$3.4 billion in back tax for 2000.  It already paid
an estimated US$2 billion.

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: Facing Class Action in New York Court
---------------------------------------------------
Notice is hereby given that a class action lawsuit was filed in
the United States District Court for the Southern District of
New York on behalf of all securities purchasers of Converium
Holding AG (NYSE: CHR) from December 11, 2001 through July 20,
2004, inclusive (the Class Period).

If you wish to discuss this action or have any questions
concerning this notice or your rights or interests with respect
to these matters, please contact Schiffrin & Barroway, LLP (Marc
A. Topaz, Esq. or Darren J. Check, Esq.) toll-free at
1-888-299-7706 or 1-610-667-7706, or via e-mail at
info@sbclasslaw.com.

The complaint charges Converium, Dirk Lohmann, and Martin Kauer
with violations of Sections 10(b) and 20(a) of the Securities
Exchange Act of 1934 and Rule 10b-5 promulgated thereunder.
More specifically, the complaint alleges that the Company failed
to disclose and misrepresented these material adverse facts that
were known to defendants or recklessly disregarded by them:

(a) that Converium maintained inadequate loss reserves in
    its Converium North America subsidiary;

(b) that the Company, contrary to representations, did not
    establish adequate loss reserves to cover claims by
    Converium North America policy holders;

(c) that reserve increases announced by the Company during the
    Class Period were materially insufficient; and

(d) as a consequence of the understatement of loss reserves,
    Converium's earnings and assets were materially overstated
    at all relevant times.

On July 20, 2004, Converium announced that second quarter
results would be impacted by a reserve strengthening for U.S.
casualty business and subsequent asset impairments on the
balance sheet of Converium Reinsurance.  News of this shocked
the market.

Shares of Converium fell US$11.12 per share, or 44.44%, on July
20, 2004, to close at US$13.90 per share.  On August 31, 2004,
Converium announced that the Company had completed external
actuarial review of Converium's reserves.

On September 2, 2004, Converium announced that following the
announcement of the external reserve review's outcome and
resulting capital measures, Standard & Poor's and A.M. Best have
lowered their ratings on Converium and its subsidiaries.  On
this news, shares of Converium fell an additional US$1.04 per
share, or 10.51%, to close at US$8.86 per share.

Plaintiff seeks to recover damages on behalf of class members
and is represented by the law firm of Schiffrin & Barroway,
which prosecutes class actions in both state and federal courts
throughout the country.  Schiffrin & Barroway is a driving force
behind corporate governance reform, and has recovered in excess
of a billion dollars on behalf of institutional and high net
worth individual investors.

For more information about Schiffrin & Barroway, or to sign up
to participate in this action online, please visit
http://www.sbclasslaw.com.

If you are a member of the class described above, you may, not
later than December 3, 2004, move the Court to serve as lead
plaintiff of the class, if you so choose.  A lead plaintiff is a
representative party that acts on behalf of other class members
in directing the litigation.

In order to be appointed lead plaintiff, the Court must
determine that the class member's claim is typical of the claims
of other class members, and that the class member will
adequately represent the class.  Under certain circumstances,
one or more class members may together serve as "lead
plaintiff."

Your ability to share in any recovery is not, however, affected
by the decision whether or not to serve as a lead plaintiff.
You may retain Schiffrin & Barroway, or other counsel of your
choice, to serve as your counsel in this action.

CONTACT:  SCHIFFRIN & BARROWAY L.L.P.
          Three Bala Plaza East, Suite 400
          Bala Cynwyd, PA  19004

          Marc A. Topaz, Esq.
          Darren J. Check, Esq.
          Phone: 1-888-299-7706 (toll free)
                 1-610-667-7706
          E-mail: at info@sbclasslaw.com

          CONVERIUM HOLDING A.G.
          Baarerstrasse 8
          6300 Zug, Switzerland
          Phone: +41-1-639-9335
          Fax: +41-1-639-9334
          Web site: http://www.converium.com


CONVERIUM HOLDING: Wellington Cuts Shareholding to Less than 5%
---------------------------------------------------------------
Converium Holding Ltd. has been notified pursuant to Art. 20 of
the Swiss Stock Exchange Act that Wellington Management Company
LLC, 75 State Street, Boston, MA, 02100, USA, has adjusted its
holding in Converium Holding Ltd., Zug to below 5% of
Converium's registered shares.

CONTACT:  CONVERIUM HOLDING LTD.
          Michael Schiendorfer
          Media Relations Manager
          Phone: +41 1 639 9657
          Fax: +41 1 639 7657

          Zuzana Drozd
          Head of Investor Relations
          Phone: +41 1 639 9120
          Fax: +41 1 639 7120


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


312312.COM LTD.: Creditors May Appoint Liquidator Next Week
-----------------------------------------------------------
            IN THE MATTER OF THE INSOLVENCY ACT 1986

                               and

               IN THE MATTER OF 312312.com Ltd.

Notice is hereby given, pursuant to section 98 of the Insolvency
Act 1986, that a meeting of Creditors of 312312.com Ltd. will be
held at Victory House Admiralty Place Chatham ME4 4QU on October
12, 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)

A Proxy Form, 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 Victory House
Admiralty Place Chatham ME4 4QU 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
Victory House Admiralty Place Chatham ME4 4QU before the
Meeting, a statement giving particulars of their security, the
date when it was given, and the value at which it is assessed.

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 Moore Stephens, Victory House Admiralty Place
Chatham ME4 4QU two business days prior to the meeting.

By Order of the Board.

M. Pigrome, Director
September 7, 2004

CONTACT:  MOORE STEPHENS CORPORATE RECOVERY
          Victory House
          Admiralty Place
          Chatham Maritime
          Kent ME4 4QU
          Phone: +44 (01634) 895100
          Fax: +44 (01634) 895101
          Web site: http://www.moorestephens.com


AUCKLAND FINANCE: Liquidator to Give Update Later this Month
------------------------------------------------------------
The general meeting of the members of Auckland Finance &
Investment Company Limited will be on October 26, 2004
commencing at 10:00 a.m.  It will be held at Parkway House, 1
Pityme Business Centre, St Minver, Wadebridge, Cornwall PL27
6NU.

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 of hearing any explanation that may be
given by the liquidator.


AUTO RESERVATION: Hires Administrator from Vantage
--------------------------------------------------
Robert Preston James Allen (IP No 9238) has been appointed as
administrator for Auto Reservation Limited.  The appointment was
made September 27, 2004.  The company is engaged in other
transport agencies.

CONTACT:  VANTAGE
          20-24 Kirby Street,
          London EC1N 8TS


BABYSEE LIMITED: Members Opt to Wind up Business
------------------------------------------------
At an extraordinary general meeting of the Babysee Limited on
September 23, 2004 held at the offices of Unique Business
Finance Ltd., Unit 6, Lockside Office Park, Lockside Road,
Preston PR2 2YS, the extraordinary resolution to wind up the
company was passed.  Mark Prideaux of Unique Business Finance
Ltd., Unit 6, Lockside Office Park, Lockside Road, Preston PR2
2YS has been appointed liquidator for the purpose of such
winding-up.

CONTACT:  UNIQUE BUSINESS FINANCE LTD.
          Unit 6, Lockside Office Park,
          Lockside Road, Preston PR2 2YS


B.C.S. CAR-MEN: Calls in Joint Administrators
---------------------------------------------
Alec David Pillmoor and Robert Henry Barker (IP Nos 007243,
006619) have been appointed joint administrators for B.C.S.
Car-Men Limited.  The appointment was made September 24, 2004.
The company sells motor parts.

CONTACT:  Alec David Pillmoor
          Robert Henry Barker
          27 Osborne Street, Grimsby,
          North East Lincolnshire DN31 1NU


BILLSILQUE LIMITED: Liquidators from BRI Take over Helm
-------------------------------------------------------
At an extraordinary general meeting of the members of the
Billsilque Limited (formerly Virtual Viewing (UK) Limited) on
September 22, 2004 held at Tempus, 249 Midsummer Boulevard,
Central Milton Keynes MK9 1EU, the extraordinary resolution to
wind up the company was passed.  Peter John Windatt and Gary
Steven Pettit of BRI Business Recovery and Insolvency have been
appointed joint liquidators for the purpose of the winding-up.


BYREAD BUILDING: Members Agree to Liquidate Business
----------------------------------------------------
At an extraordinary general meeting of the members of the Byread
Building Services Limited on September 20, 2004 held at 67 Butts
Green Road, Hornchurch, Essex RM11 2JS, the extraordinary and
ordinary resolutions to wind up the company were passed.  J S
French and G Mummery have been appointed joint liquidators for
the purpose of such winding-up.


COURIER ECOSSE: First Liquidation Meeting Set
---------------------------------------------
            IN THE MATTER OF THE INSOLVENCY ACT 1986

                               and

              IN THE MATTER OF Courier Ecosse Ltd.
                         (in Liquidation)

I, of Campbell Dallas Sherwood House 7 Glasgow Road Paisley PA1
3QS hereby give notice that I was appointed Interim Liquidator
of Courier Ecosse Ltd. on September 8, 2004 by the Interlocutor
of the Sheriff at Sheriff at Paisley.

The first meeting in the liquidation called in terms of Section
138(4) of the Insolvency Act 1986 and in accordance with Rule
4.12 of the Insolvency (Scotland) Rules 1986, will be held at
Paisley Town Hall Abbey Close Paisley on October 11, 2004 at
10:00 a.m. for the purpose of choosing a liquidator, appointing
a Liquidation Committee and considering the other Resolutions
specified in Rule 4.12(3) of the aforementioned Rules.

Creditors are entitled to vote at the meeting only if they have
lodged their claim with me at or before the meeting.  Creditors
may vote either in person or by proxy form, which may be lodged
with me at or before the meeting.

David K. Hunter, Interim Liquidator
September 16, 2004

CONTACT:  CAMPBELL DALLAS
          Sherwood House
          7 Glasgow Road
          Paisley PA1 3QS
          Phone: 0141 887 4141
          Fax: 0141 887 1103
          E-mail: psly@camdal.com
          Web site: http://www.camdal.com


DIRECT PRINT: Liquidator's Final Report Out November
----------------------------------------------------
The final general meeting of the members and creditors of Direct
Print Associates Limited will be on November 5, 2004 commencing
at 3:00 p.m. and 3:30 p.m. respectively.  It will be held at the
offices of Elwell Watchorn & Saxton, 109 Swan Street, Sileby,
Leicestershire LE12 7NN.

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 and creditors who want to be
represented at the meeting may appoint proxies.  Proxy forms
must be lodged with Elwell Watchorn & Saxton, 109 Swan Street,
Sileby, Leicestershire LE12 7NN not later than 12:00 noon,
November 4, 2004.

CONTACT:  ELWELL WATCHORN & SAXTON
          109 Swan Street, Sileby,
          Leicestershire LE12 7NN
          Phone: (+44) 01509 815150
          Fax:   (+44) 01509 815121
          E-mail: office@ews-insolvency.co.uk
          Web site: http://www.ews-insolvency.co.uk


D & M JONES: Calls Members General Meeting
------------------------------------------
The general meeting of the members of D & M Jones Limited will
be on October 22, 2004, 10:00 a.m.  It will be held at
Southernhay House, 36 Southernhay East, Exeter EX1 1NX.

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.


FINEST SEAFOOD: First Creditors' Meeting Set
--------------------------------------------
            IN THE MATTER OF THE INSOLVENCY ACT 1986

                               and

      IN THE MATTER OF Finest Seafood (Scotland) Limited
                        (In Liquidation)

I, Blair Carnegie Nimmo, Chartered Accountant, KPMG Corporate
Recovery, 191 West George Street, Glasgow, G2 2LJ, hereby give
notice, that by Interlocutor of the Sheriff of Oban dated
September 16, 2004, I was appointed interim liquidator of Finest
Seafood (Scotland) Limited, having its registered office at c/o
Abacus Services, Abacus Building, 8 High Street, Oban, Argyll,
PA34 4BG.

Pursuant to Section 138(4) of the Insolvency Act 1986 and Rule
4.12 of the Insolvency (Scotland) Rules 1986, the first meeting
of creditors will be held within KPMG, 3rd Floor, 191 West
George Street, Glasgow, G2 2LJ, at 2:00 p.m. on October 18, 2004
for the purpose of choosing a Liquidator.

The meeting may also consider other resolutions referred to in
Rule 4.12(3).  All creditors are entitled to attend in person or
by proxy and to vote, provided their claims and proxies, if any,
have been submitted at or before the meeting.

B. C. Nimmo, Interim Liquidator
September 22, 2004

CONTACT:  KPMG L.L.P.
          191 West George Street
          Glasgow G2 2LJ
          Phone: (0141) 226 5511
          Fax: (0141) 204 1584
          Web site: http://www.kpmg.co.uk


FORTH HOTELS: Receivers to Present Report Next Week
---------------------------------------------------
            IN THE MATTER OF THE INSOLVENCY ACT 1986

                               And


              IN THE MATTER OF Forth Hotels Limited
                       (In Receivership)

A meeting of the creditors of Forth Hotels Limited, trading as
Airth Castle & Hotel, is to be held at Merchant House, Glasgow
at 2:30 p.m. on October 12, 2004 under the provisions of Section
67 of the Insolvency Act 1986.  The purpose of this meeting is
to receive the report of the receivers and if the creditors wish
to do so, to appoint a committee of creditors.

Creditors who have not received notice of the meeting and wish
to attend should contact the receivers' office at 0141 245 2073
and ask for Alan Brown.

Any creditor requiring a copy of the report, which is available
free of charge, should write to Kintyre House, 209 West George
Street, Glasgow, G2 2LW.  Creditors whose claims are wholly
secured are not entitled to attend or be represented at the
meeting.

L. K. Manson, Joint receiver
September 15, 2004

CONTACT:  PRICEWATERHOUSECOOPERS LLP
          Kintyre House
          209 West George Street
          Glasgow G2 2LW
          Phone: [44] (0) 131 5242233
          Fax: [44] (0) 131 2604008
          Web site: http://www.pwc.com


FREIGHTEURO LIMITED: Members, Creditors Meeting Set November
------------------------------------------------------------
The final meeting of the members and creditors of Freighteuro
Limited will be on November 3, 2004 commencing at 3:00 p.m. and
3:30 p.m. respectively.  It will be held at Mercer & Hole,
Silbury Court, 420 Silbury Boulevard, Milton Keynes,
Buckinghamshire MK9 2AF.

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 or creditors who want to be
represented at the meeting may appoint proxies.  Proxy forms
must be lodged with Mercer & Hole, Silbury Court, 420 Silbury
Boulevard, Milton Keynes, Buckinghamshire MK9 2AF not later than
12:00 noon, November 2, 2004.

CONTACT:  MERCER & HOLE
          Silbury Court,
          420 Silbury Boulevard,
          Milton Keynes, Buckinghamshire MK9 2AF


GILLS CASTINGS: Appoints Joint Administrators from CBA
------------------------------------------------------
Neil Charles Money and Geoff Robbins (IP Nos 8900, 6622) have
been appointed joint administrators for Gills Castings &
Components Ltd.  The appointment was made September 20, 2004.
The company is engaged in metal diecastors.  Its registered
office is located at Marsh Lane, Water Orton, Birmingham B46
1NS.

CONTACT:  CBA
          Lichfield Place,
          435 Lichfield Road,
          Aston, Birmingham B6 7SS


GRAHAME JACKSON: Names Knights & Company Liquidator
---------------------------------------------------
At an extraordinary general meeting of the members of the
Grahame Jackson Photography Limited (t/a Grahame Jackson
Photography) on September 21, 2004 held at Milford House, 43-55
Milford Street, Salisbury, Wiltshire SP1 2BP, the extraordinary
and ordinary resolutions to wind up the company were passed.
Barry P Knights of Knights & Company, Milford House, 43-55
Milford Street, Salisbury, Wiltshire SP1 2BP has been appointed
liquidator for the purpose of the voluntary winding-up.

CONTACT:  KNIGHTS & COMPANY
          Milford House,
          43-55 Milford Street,
          Salisbury, Wiltshire SP1 2BP


GRAPHIC IMAGE: Sets General Meeting to Hear Liquidator's Report
---------------------------------------------------------------
The general meeting of the members and creditors of Graphic
Image (Business Forms) Limited will be on October 29, 2004
commencing at 10:30 a.m. and 11:00 a.m. respectively.  It will
be held at the offices of Begbies Traynor, 58 Queen Square,
Bristol BS1 4LF.

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 or creditors who want to be
represented at the meeting may appoint proxies.  Proxy forms
must be lodged with Begbies Traynor, 58 Queen Square, Bristol
BS1 4LF not later than 12:00 noon, October 28, 2004.

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


H.T. TRANSPORT: Members Approve Resolution to Wind up Company
-------------------------------------------------------------
At an extraordinary general meeting of H.T. Transport (Holdings)
Limited on September 23, 2004 held at Insol House, 39 Station
Road, Lutterworth, Leicestershire LE17 4AP, the subjoined
extraordinary resolution to wind up the company was passed.
Richard Frank Simms of Insol House, 39 Station Road,
Lutterworth, Leicestershire LE17 4AP has been appointed
liquidator for the purpose of such winding-up.


JKS RENTALS: Appoints A.G. Kakouris Liquidator
----------------------------------------------
At an extraordinary general meeting of the members of the JKS
Rentals Ltd. on September 17, 2004 and held at 43 Blackstock
Road, London N4 2JF, the extraordinary resolution to wind up the
company was passed.  Andreas Georgiou Kakouris of 43 Blackstock
Road, London N4 2JF has been nominated liquidator for the
purpose of the winding-up.


J SAINSBURY: Owner Gives CEO Seven Months to Show Results
---------------------------------------------------------
The Sainsbury family is considering either selling or taking
supermarket chain J Sainsbury private in seven months should the
business fail to show any improvement.

According to The Scotsman, the family that owns 35% of the
company is understood to have given CEO Justin King until May
2005 to turn around the business.  Mr. King is due to reveal
results of his strategic review of the business later this
month.  The family is expected to publicly support his plan, but
he must deliver results within the specified period.

J Sainsbury's business has been severely damaged by the rise of
rivals Tesco and Asda.  Several potential buyers, including
billionaire entrepreneur Philip Green, have already been linked
to it.  The latest was Permira, the private equity giant, which
is reportedly planning to offer GBP5 billion for the firm.

The family is also considering taking the company private,
although this is a long shot because some of the family members
rely on their dividends.  These dividends, however, could be
slashed so that the savings could be re-injected into the
business.  An announcement could come this month.

One fund manager told The Scotsman: "Sainsbury is in a hugely
tough environment . . . Long-term, this stock does have a value
but in the short term the margins we believe will have to
continue to go down and it simply won't have enough cash to pay
the dividend."

UBS has cut its profit forecast for the company to GBP330
million, down GBP70 million from its previous expectation.  Some
analysts predict a major profit warning in the short-term.


K G GHILKS: Members, Creditors Meeting Set November
---------------------------------------------------
The general meeting of the members and creditors of K G Ghilks
Limited will be on November 3, 2004 commencing at 10:30 a.m. and
11:00 a.m. respectively.  It will be held at 59-63 Station Road,
Northwich, Cheshire CW9 5LT.

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 or creditors who want to be
represented at the meeting may appoint proxies.  Proxy forms
must be lodged with Hadfield House, Hadfield Street, Northwich,
Cheshire CW9 5LU not later than 4:00 p.m., November 1, 2004.


LANGLOIS WELDING: Sets Final Meeting of Members, Creditors
----------------------------------------------------------
            IN THE MATTER OF THE INSOLVENCY ACT 1986

                               and

            IN THE MATTER OF Langlois Welding Limited

Notice is hereby given, pursuant to Section 106 of the
Insolvency Act 1986, that the Final Meetings of Members and
Creditors of Langlois Welding Limited will be held within the
offices of PKF Accountants and business advisors, 78 Carlton
Place, Glasgow G5 9TH on November 19, 2004 at 9:30 a.m. and
10:00 a.m. respectively in order that I may present my final
account of the winding-up of the Company.

The Meetings will also consider:

(a) a resolution to approve my discharge from the position as
    Liquidator of Langlois Welding Limited; and

(b) a resolution to authorize me to dispose of both my own and
    the Company's books and records three months from the date
    of my release as Liquidator.

All members and creditors whose claims have been accepted are
entitled to attend in person or by proxy, and a Resolution will
be passed by a majority in value of those voting in favor of it.

Attendance at these Meetings is not mandatory and to be valid
for voting purposes, the form of proxy must be lodged with me at
PKF, Accountants and business advisors, 78 Canton Place, Glasgow
G5 9TH, on or before the Meeting at which it is to be used.

Bryan Alan Jackson, Liquidator
September 10, 2004

CONTACT:  PKF
          78 Carlton Place
          Glasgow G5 9TH
          Phone: 0141 4295900
          Fax: 0141 4295901
          E-mail: info.glasgow@uk.pkf.com
          Web site: http://www.pkf.co.uk


MADDOX MAINTENANCE: Final Meeting Set Next Month
------------------------------------------------
The final meeting of the members and creditors of Maddox
Maintenance Limited will be on November 12, 2004 commencing at
10:30 a.m. and 10:45 a.m. respectively.  It will be held at the
offices of SPW Poppleton & Appleby, Gable House, 239 Regents
Park Road, London N3 3LF.

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 or creditors who want to be
represented at the meeting may appoint proxies.  Proxy forms
must be lodged with SPW Poppleton & Appleby, Gable House, 239
Regents Park Road, London N3 3LF not later than 12:00 noon,
November 11, 2004.

CONTACT:  SPW POPPLETON & APPLEBY
          Gable House,
          239 Regents Park Road,
          London N3 3LF


MARTINS DUNDYVAN: Liquidator to Give Update Later this Month
------------------------------------------------------------
            IN THE MATTER OF THE INSOLVENCY ACT 1986

                               and

          IN THE MATTER OF Martins (Dundyvan) Limited
               (In Members Voluntary Liquidation)

Notice is hereby given, pursuant to Section 94 of the Insolvency
Act 1986, that a Meeting of the Members of the above named
Company will be held at Lomond House, 9 George Square, Glasgow,
G2 1QQ on October 26, 2004 at 10:00 a.m. for the purpose of
laying the accounts of the winding up before the Meeting, giving
any explanation thereof, and of passing a resolution of
directing the manner in which the books, accounts and documents
of the Company and the Liquidator shall be disposed of.

John C. Reid, Joint Liquidator
September 17, 2004

CONTACT:  DELOITTE & TOUCHE L.L.P.
          Lomond House
          9 George Square
          Glasgow G2 1QQ
          Phone: +44 (0)141 204 2800
          Fax: +44 (0)141 314 5893
          Web site: http://www.deloitte.com


MT SUPPORT: Members Pass Winding up Resolutions
-----------------------------------------------
At an extraordinary general meeting of the members of the MT
Support Services Ltd. on September 22, 2004 held at 27 The
Downs, Altrincham, Cheshire WA14 2QD, the extraordinary and
ordinary resolutions to wind up the company were passed.  Neil
Henry and Michael Simister of Lines Henry, 27 The Downs,
Altrincham, Cheshire WA14 2QD have been appointed joint
liquidators for the purpose of such winding-up.

CONTACT:  LINES HENRY
          27 The Downs, Altrincham,
          Cheshire WA14 2QD


NETTLESTEAD LEISURE: Liquidator Known Next Week
-----------------------------------------------
            IN THE MATTER OF THE INSOLVENCY ACT 1986

                               and

            IN THE MATTER OF Nettlestead Leisure Ltd.

Notice is hereby given, pursuant to section 98 of the Insolvency
Act 1986, that a meeting of Creditors of Nettlestead Leisure
Ltd. will be held at 41-43 William Street Herne Bay CT6 5NT on
October 11, 2004 at 11:15 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 41-43 William
Street Herne Bay CT6 5NT 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
41-43 William Street Herne Bay CT6 5NT before the Meeting, a
statement giving particulars of their security, the date when it
was given, and the value at which it is assessed.

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 McCabe Ford Williams, 41-43 William Street
Herne Bay CT6 5NT two business days prior to the meeting.

By Order of the Board.

J. Collins, Director
September 8, 2004

CONTACT:  MCCABE FORD WILLIAMS
          41-43 William Street
          Herne Bay CT6 5NT
          Phone: (01227) 373271
          Fax: (01227) 740106
          E-mail: hernebay@mfw.co.uk
          Web site: http://www.mfw.co.uk


OMNIBRIDGE CONSULTING: Names Vantis Redhead Administrator
---------------------------------------------------------
J S French and G Mummery (IP Nos 003862, 100898) have been
appointed as joint administrators for Omnibridge Consulting
Limited.  The appointment was made September 21, 2004.  The
company is engaged in business and management consultancy.

CONTACT:  VANTIS REDHEAD FRENCH LIMITED
          43-45 Butts Green Road,
          Hornchurch, Essex RM11 2JX


PIEDRA LIMITED: Calls in Liquidator
-----------------------------------
At an extraordinary general meeting of the members of the Piedra
Limited on September 24, 2004 held at Gable House, 239 Regents
Park Road, London N3 3LF, the extraordinary and ordinary
resolutions to wind up the company were passed.  Roger Cain has
been appointed liquidator for the purpose of such winding-up.


PILOTSEAL LIMITED: Calls Meeting to Receive Liquidator's Report
---------------------------------------------------------------
The general meeting of the members of the Pilotseal Limited will
be on November 5, 2004 commencing at 11:00 a.m.  It will be held
at the offices of Panos Eliades, Franklin & Co., Albany House,
18 Theydon Road, London E5 9NZ.

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.


PUBS INN: Hires Liquidator from Ward & Co.
------------------------------------------
At an extraordinary general meeting of the Pubs Inn Style
Limited (t/a The Durham Ox) on September 10, 2004 held at Ward &
Co, Bank House, Shaw Street, Worcester WR1 3DT, the
extraordinary and ordinary resolutions to wind up the company
were passed.  Barry John Ward of Ward & Co, Bank House, Shaw
Street, Worcester WR1 3DT has been appointed liquidator for the
purpose of such winding-up.

CONTACT:  WARD & CO.
          Bank House, Shaw Street,
          Worcester WR1 3DT


RICHARD LAWSON: Brings in Joint Administrators
----------------------------------------------
            IN THE MATTER OF THE INSOLVENCY ACT 1986

                               And

     IN THE MATTER OF Richard Lawson Auto Logistics Limited

Pursuant to paragraph 46(2)(b) of Schedule B1 to the Insolvency
Act 1986 and Rule 2.19 of the Insolvency (Scotland) Rules 1986,
John Bruce Cartwright and Graham Douglas Frost of
PricewaterhouseCoopers L.L.P. P.O. Box 90, Erskine House, 68-73
Queen Street, Edinburgh EH2 4NH, and Robert Jonathan Hunt of
PricewaterhouseCoopers L.L.P. Cornwall Court, 19 Cornwall
Street, Birmingham, B3 2DT, has been appointed administrators of
Richard Lawson Auto Logistics Limited on September 14, 2004.


ROYAL MAIL: Discontinues Practice of Returning Undelivered Mails
----------------------------------------------------------------
Royal Mail has decided to destroy undelivered post without
return addresses in order to cut back on costs, The Telegraph
reports.

The courier on Tuesday stopped channeling mails of businesses
that fail to include return addresses to its returned letter
office in Belfast.  The office previously opens these letters to
find out the addresses of the senders so that they could be
returned.  By skipping the process, Royal Mail could cut back
its annual GBP10 million expense in sorting out returned mails.
The decision mainly affects companies that use specially franked
envelopes rather than stamps.  Some smaller companies,
meanwhile, lament the lack of sufficient notice of the policy
change.

Postal regulator Postcomm previously rapped Royal Mail for its
declining service standards.  It missed all 15 of its
performance targets covering the delivery of first- and
second-class mail last year.

CONTACT:  Royal Mail Holdings plc
          148 Old St.
          London EC1V 9HQ,
          United Kingdom
          Phone: +44-20-7250-2888
          Fax:   +44-20-7250-2244
          Web site: http://www.royalmailgroup.com


SUBDALE PROPERTIES: Members General Meeting Set November
--------------------------------------------------------
The general meeting of the members of Subdale Properties Limited
will be on November 5, 2004 commencing at 11:00 a.m.  It will be
held at Slater Maidment, 7 St James's Square, London SW1Y 4JU.

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.


TEAMBAR PROMOTIONS: Names Thompson and Frost Liquidator
-------------------------------------------------------
At an extraordinary general meeting of the members of the
Teambar Promotions Limited on September 14, 2004 held at 111
Hagley Road, Edgbaston, Birmingham B16 6LB, the extraordinary
and ordinary resolutions to wind up the company were passed.
Andrew W Thompson and Jeremy C Frost have been appointed joint
liquidators for the purpose of such winding-up.


THE HORROR: Hires Joint Administrators from RMT
-----------------------------------------------
Anthony Alan Josephs and Linda Ann Farish (IP Nos 004179,
009054) have been appointed as joint administrators for The
Horror Channel Limited.  The appointment was made September 21,
2004.  Its registered office is located at 3 Portland Terrace,
Newcastle upon Tyne NE2 1QQ.

CONTACT:  RMT
          3 Portland Terrace,
          Newcastle upon Tyne NE2 1QQ


YELTAC LIMITED: Sets Final Meeting of Members Next Month
--------------------------------------------------------
The final meeting of the members of Yeltac Limited (formerly
Flamgard Engineering Limited) will be on November 5, 2004
commencing at 1:00 p.m.  It will be held at Pentre Farm House,
Mamhilad, Gwent NP4 0JH.

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 Barry Mitchell & Company, Pentre Farm House, Mamhilad,
Gwent NP4 0JH not later than 12:00 noon, November 4, 2004.

CONTACT:  BARRY MITCHELL & COMPANY
          Pentre Farm House
          Mamhilad, Gwent NP4 0JH


                            *********


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-published by Bankruptcy Creditors' Service, Inc., Fairless
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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