TCREUR_Public/050331.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

            Thursday, March 31, 2005, Vol. 6, No. 63

                            Headlines

G E R M A N Y

HEIDELBERGCEMENT AG: Cutting Cost All the Way to the Top
HFT FASSADENTECHNIK: Declares Bankruptcy
KARSTADTQUELLE AG: Sale of Remaining Assets Not Going Anywhere
KS TELEKOMMUNIKATION: Cedes Control to Provisional Administrator
LION BIOSCIENCE: Shareholders Approve Reorganization Plan

L&L LOTZ: Falls into Insolvency
MAHN MONTAGEN: Creditors Have Until May to Prove Claims
N&NTT NIERSTHEIMER: Proofs of Claim Due Next Month
OLT BEDACHUNGEN: Slates First Creditors Meeting May 4
PLATINUM-HOTELS: Gives Creditors Two Weeks to File Claims

REPA KUNSTSTOFFE: Administrator's Report Out May
THRON & PARTNER: Cedes Control to Interim Administrator
TKM-DENTAL: Frankfurt Court Appoints Administrator
WALTER BAU: Lenz Family, Bilfinger Make Last-minute Bid


I T A L Y

S.S. LAZIO: Survives Bankruptcy Scare


N E T H E R L A N D S

KONINKLIJKE AHOLD: Full-year Net Loss Balloons to EUR443 Million


R U S S I A

BEREZOVSKOYE RAZREZO-STROITELNOYE: Declared Insolvent
KOVDORSKIY LES-PROM-KHOZ: Bankruptcy Proceedings Begin
KUSHAVERSKOYE: Sets Deadline for Proofs of Claim April
MOS-METRO-STROYA: Moscow Court Opens Bankruptcy Proceedings
ONEZHSKIY: Appoints A. Belyaninov Insolvency Manager

PASSENGER AUTO-TRANSFER: Holds Public Auction Today
REINFORCED CONCRETE: Gives Creditors Until April to File Claims
RYAZANSKIY: Last Day for Filing Claims April 19
SALAVATSKIY EXPERIMENTAL: Bankruptcy Proceedings Begin
SYZRANSKIY: Hires Y. Levin as Insolvency Manager
TOMSKIY CHEMICAL: Claims Filing Period Ends April 19


S P A I N

JESMAR SA: Game Over for Toy Maker
PASARELA TEXTIL: Shutting down Production Plant


U K R A I N E

BPF-TERMO: Court Brings in Liquidator
DNIPRODZERZHINSK' BOILER: Under Bankruptcy Supervision
GVARDIJSKE: Temporary Insolvency Manager Takes over Helm
KIRIMPEKS: Gives Creditors Until Next Week to File Claims
MOLZAVOD NIKOPOLSKIJ: Succumbs to Bankruptcy

STAHANOVPROMTRANS: Bankruptcy Supervision Starts
TAGANCHA' EXPERIMENTAL: Creditors' Claims Due Next Week
ZAHIDPROD-EKS: Declared Insolvent
ZAHID-PRODUCT: Insolvency Manager Comes in
ZAPORIZKENERGOZAHIST: Liquidator Takes over Operations


U N I T E D   K I N G D O M

+3 SOLUTIONS: Members Decide to Wind up Company
ABERYSTWYTH BAKERY: Hires Liquidators from Begbies
AGGREGATE LOGISTICS: Names F A Simms & Partners Administrator
ALGINURE PRODUCTS: Hires Joint Liquidators from P&A Partnership
ARTISAN STOCKPOINT: Members Hire Liquidators from Wilson Pitts

ATKINS NUTRITIONALS: Names Administrators from Moore Stephens
BALVICAR SECURITY: Winding-up Report Out Mid-April
BLUE STAR: Hires Liquidator from Begbies Traynor
CAMBER ENTERTAINMENT: Names Begbies Traynor Administrator
CARBO PLC: U.K. Operations Fall into Administration

CHRYMARK SECURITY: Calls in Administrator from Tomlinsons
COMTEC GROUP: Hires Liquidators from The P&A Partnership
CP3I LIMITED: Appoints Deloitte & Touche Administrator
DESMOND RODGERS: Calls in Administrator from F A Simms
ECI CONTRACTS: Administrators from Begbies Traynor Move in

EIDOS PLC: SCi Gets Enough Votes to Spoil Elevation Offer
ELEPHANTE LIFT: Calls in Thompson Partnership as Administrator
F. CHAPMAN: Administrator from McCabe Ford Moves in
FREEPORT HORNSEA: Liquidator from Tomlinsons Moves in
GASKELL FLOORING: Calls in Kroll Limited Administrator

GLOW COMMUNICATIONS: Suspends Cancellation of AIM Admission
GOLD FIELDS: Appoints KPMG Liquidator
HORTA LIMITED: Appoints Liquidator from Deloitte & Touche
ITCHY EYE: Appoints Tomlinsons Liquidator
JARVIS PLC: Secures Additional Short-term Financing

JARVIS PLC: Shares Drop on News of GBP17 Million Extra Debt
KENJEFF LIMITED: Calls in PricewaterhouseCoopers Liquidator
MG ROVER: Cabinet Intent on Clinching Chinese Deal
MILLER HAMILTON: Liquidator Takes over Operations
POINTCHOICE LIMITED: Members Decide to Wind up Firm

PYRAMID CHEMIST: Members Call in Liquidator from Lane Heywood
RIVERBANK LEASING: Appoints Ernst & Young Liquidator
R.J.W 100: Names Joint Administrators from Thompson Partnership
STODDARD INTERNATIONAL: Creditors to Meet Today
TNG TELCOM: Liquidation Report Out May
UK COAL: Appoints Financial Adviser
YORK PLACE: Liquidator to Present Report Mid-April


                            *********


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


HEIDELBERGCEMENT AG: Cutting Cost All the Way to the Top
--------------------------------------------------------
Loss-making cement maker HeidelbergCement is reportedly cutting
directors' pay as part of a broader cost-saving initiative,
Suddeutsche Zeitung says.

According to an unnamed source, who claims to have seen
pertinent documents, each member of the supervisory board will
now receive a fixed annual pay of EUR14,000, down from the
current EUR20,000.

Plagued by falling profit, the company is now implementing
measures to sharply reduce cost and improve earnings.  These
include office closures in Singapore and Malmoe City in Sweden.
The company also plans to pursue only small- to medium-size
acquisitions in selected growth markets.

CONTACT:  HEIDELBERGCEMENT AG
          P.O. Box 10 4420
          69120 Heidelberg
          Phone: +49 6221/481-227
          Fax: +49 6221/481-217
          E-mail: info@heidelbergcement.com
          Web site: http://www.heidelbergcement.com


HFT FASSADENTECHNIK: Declares Bankruptcy
----------------------------------------
The district court of Berlin-Charlottenburg opened bankruptcy
proceedings against HFT Fassadentechnik GmbH on March 4.
Consequently, all pending proceedings against the company have
been automatically stayed.  Creditors have until June 6, 2005 to
register their claims with court-appointed provisional
administrator Dr. Christoph Schulte-Kaubrugger.

Creditors and other interested parties are encouraged to attend
the meeting on April 27, 2005, 10:45 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 Aug. 3, 2005, 10:30 a.m. at the
district court of Charlottenburg, Amtsgerichtsplatz 1, 14057
Berlin, II. Stock Saal 218.

CONTACT:  HFT FASSADENTECHNIK GMBH
          Bitterfelder Str. 12,12681 Berlin

          Dr. Christoph Schulte-Kaubrugger, Administrator
          Genthiner Str. 48, 10785 Berlin


KARSTADTQUELLE AG: Sale of Remaining Assets Not Going Anywhere
--------------------------------------------------------------
Troubled retail giant KarstadtQuelle AG is finding it hard to
attract buyers for its remaining logistics operations, according
to Suddeutsche Zeitung.

The company is trying to dispose of two mail order centers
operated by subsidiaries Quelle and Neckermann.  Rhenus
Logistics and postal service operator Deutsche Post, which
earlier took over the company's other logistics activities, are
seen as potential bidders.

Management disputes the report, claiming the sale process is
still progressing according to plan.

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

          DEUTSCHE POST AG
          Charles-de-Gaulle-Str. 20
          53113 Bonn
          Phone: +49-228-182-0
          Fax: +49-228-182-7099
          Web site: http://www.dpwn.de

          RHENUS AG & CO. KG
          Rhenus-Platz 1
          Am Airport Dortmund
          D-59439 Holzwickede
          Phone: 02301 29-0
          E-mail: kontakt@rhenus.de
          Web site: http://www.rhenus.de


KS TELEKOMMUNIKATION: Cedes Control to Provisional Administrator
----------------------------------------------------------------
The district court of Bielefeld opened bankruptcy proceedings
against KS Telekommunikation GmbH & Co. KG on March 10.
Consequently, all pending proceedings against the company have
been automatically stayed.  Creditors have until May 12, 2005 to
register their claims with court-appointed provisional
administrator Martin Kienitz.

Creditors and other interested parties are encouraged to attend
the meeting on June 2, 2005, 9:00 a.m. at the district court of
Bielefeld Gerichtstrasse 6, 33602 Bielefeld, 4. Ebene, Saal 4065
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:  KS TELEKOMMUNIKATION GMBH & CO. KG
          Steinstr. 2 a, 32369 Rahden

          Martin Kienitz, Administrator
          Rugenweg 14, 32427 Minden


LION BIOSCIENCE: Shareholders Approve Reorganization Plan
---------------------------------------------------------
Majority of LION Bioscience shareholders accepted all
resolutions proposed during the extraordinary shareholders
meeting on March 24.

Four resolutions were approved by shareholders with more than
98% of the eligible shares: strategic reorganization, changes
and enlargements in the articles of the company such as the
company's objectives and the authorization for LION bioscience
to repurchase own shares.  A total of 37.5% of the eligible
voting shares participated.

If the strategic reorganization can be implemented as planned,
LION's management expects the company to be profitable and cash
flow positive from on the next fiscal year 2005/2006 starting
April 1, 2005.

CONTACT:  LION BIOSCIENCE
          Gunter Dielmann
          Investor Relations Officer
          Phone: +49 (0) 6221-4038 249
          E-mail: guenter.dielmann@lionbioscience.com

          Gunter Dielmann
          Phone: +49 (0) 6221-4038 249
          E-mail: guenter.dielmann@lionbioscience.com


L&L LOTZ: Falls into Insolvency
-------------------------------
The district court of Frankfurt/Main opened bankruptcy
proceedings against L&L Lotz Baubeschlage GmbH on March 1.
Consequently, all pending proceedings against the company have
been automatically stayed.  Creditors have until May 27, 2005 to
register their claims with court-appointed provisional
administrator Claudia Jansen.

Creditors and other interested parties are encouraged to attend
the meeting on May 12, 2005, 9:15 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 verify the claims set out in the
administrator's report on July 7, 2005, 9:15 a.m. at the same
venue.

CONTACT:  L & L LOTZ BAUBESCHLAGE GMBH
          Heinrich-Hopf-Strasse 15, 65936 Frankfurt am Main
          Contact:
          Andreas Lotz, Manager
          Ernst Lotz, Manager

          Claudia Jansen, Administrator
          Bockenheimer Landstrasse 20, D-60323 Frankfurt/Main
          Phone: 069/4272686-5270
          Fax: 069/42726865555


MAHN MONTAGEN: Creditors Have Until May to Prove Claims
-------------------------------------------------------
The district court of Berlin-Charlottenburg opened bankruptcy
proceedings against Mahn Montagen Gesellschaft mit beschrankter
Haftung Berlin on March 4.  Consequently, all pending
proceedings against the company have been automatically stayed.
Creditors have until May 16, 2005 to register their claims with
court-appointed provisional administrator Dr. Wolfgang Schroder.

Creditors and other interested parties are encouraged to attend
the meeting on April 18, 2005, 9:35 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 July 11, 2005, 9:30 a.m. at the
district court of Charlottenburg Amtsgerichtsplatz 1, 14057
Berlin, II. Stock Saal 218.

CONTACT:  MAHN MONTAGEN GESELLSCHAFT
          Geraerstr. 41,12209 Berlin

          Dr. Wolfgang Schroder, Administrator
          Genthiner Str. 48, 10785 Berlin


N&NTT NIERSTHEIMER: Proofs of Claim Due Next Month
--------------------------------------------------
The district court of Frankfurt/Main opened bankruptcy
proceedings against N&NTT Nierstheimer und Nierstheimer
Telekommunikationstechnik Telekommunikationsservice GmbH on
March 1.  Consequently, all pending proceedings against the
company have been automatically stayed.  Creditors have until
April 25, 2005 to register their claims with court-appointed
provisional administrator Fatma Kreft.

Creditors and other interested parties are encouraged to attend
the meeting on June 28, 2005, 8:20 a.m. at Saal 1, Gebaude F,
Klingerstrasse 20, 60313 Frankfurt am Main, statt 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:  INSOLVENZVERFAHREN N&NTT NIERSTHEIMER UND NIERSTHEIMER
          TELEKOMMUNIKATIONSTECHNIK TELEKOMMUNIKATIONSSERVICE
          GMBH
          Deuil-La-Barre-Str. 47, 60437 Frankfurt am Main
          Contact:
          Joachim Hummel, Manager

          Fatma Kreft, Administrator
          Carl-Theodor-Reiffenstein-Platz 6,
          60313 Frankfurt am Main
          Phone: 069/6773677-0
          Fax: 069/6773677-20


OLT BEDACHUNGEN: Slates First Creditors Meeting May 4
-----------------------------------------------------
The district court of Darmstadt opened bankruptcy proceedings
against OLT Bedachungen Gesellschaft mit beschrankter Haftung on
March 3.  Consequently, all pending proceedings against the
company have been automatically stayed.  Creditors have until
April 4, 2005 to register their claims with court-appointed
provisional administrator Tobias Hoefer.

Creditors and other interested parties are encouraged to attend
the meeting on May 4, 2005, 10:00 a.m. at Zimmer 4, 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:  OLT BEDACHUNGEN GESELLSCHAFT
          Eberbacher Weg 121, 64743 Beerfelden
          Contact:
          Heinz Olt, Manager
          Eberbacher Weg 121, 64743 Beerfelden

          Tobias Hoefer, Administrator
          Soldnerstr. 2, 68219 Mannheim
          Phone: 0621/87708-0
          Fax: 0621/8770820


PLATINUM-HOTELS: Gives Creditors Two Weeks to File Claims
---------------------------------------------------------
The district court of Frankfurt/Main opened bankruptcy
proceedings against Platinum-Hotels GmbH on March 1.
Consequently, all pending proceedings against the company have
been automatically stayed.  Creditors have until April 13, 2005
to register their claims with court-appointed provisional
administrator Dr. Holger Lessing.

Creditors and other interested parties are encouraged to attend
the meeting on April 28, 2005, 9:00 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 verify the claims set out in the
administrator's report on May 19, 2005, 9:30 a.m. at Saal 2,
Gebaude F, Klingerstrasse 20, 60313 Frankfurt am Main.

CONTACT:  PLATINUM-HOTELS GMBH
          Marxheimer Str. 13, 65439 Florsheim-Weilbach
          Contact:
          A. Tazmin Shauketaly, Manager

          Dr. Holger Lessing, Administrator
          Hanauer Landstrasse 287-289, D-60314 Frankfurt am Main
          Phone: 069/15051300
          Fax: 069/15051400


REPA KUNSTSTOFFE: Administrator's Report Out May
------------------------------------------------
The district court of Halle-Saalkreis opened bankruptcy
proceedings against REPA Kunststoffe Sangerhausen GmbH on March
1.  Consequently, all pending proceedings against the company
have been automatically stayed.  Creditors have until May 3,
2005 to register their claims with court-appointed provisional
administrator Herbert Feigl.

Creditors and other interested parties are encouraged to attend
the meeting on May 31, 2005, 10:00 a.m. at Saal 1.043,
Justizzentrum, Thuringer Str. 16, 06112 Halle 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:  REPA KUNSTSTOFFE SANGERHAUSEN GMBH
          Schachtstr. 46, 06526 Sangerhausen
          Contact:
          Herbert Panow, Manager
          Moltkestr. 14, 34225 Baunatal

          Herbert Feigl, Administrator
          Hansering 1, D-06108 Halle
          Phone: 0345/212220
          Fax: 0345/2122222


THRON & PARTNER: Cedes Control to Interim Administrator
-------------------------------------------------------
The district court of Frankfurt/Main opened bankruptcy
proceedings against Thron & Partner Reiseservice GmbH on March
1.  Consequently, all pending proceedings against the company
have been automatically stayed.  Creditors have until April 15,
2005 to register their claims with court-appointed provisional
administrator Dr. Gerhard Th. Walter.

Creditors and other interested parties are encouraged to attend
the meeting on May 10, 2005, 9:50 a.m. at Saal 1, Gebaude F,
Klingerstrasse 20, 60313 Frankfurt am Main, statt 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:  THRON & PARTNER REISESERVICE GMBH
          Eschersheimer Landstrasse 325, 60320 Frankfurt am Main
          Contact:
          Thron, Gerhard, Manager

          Dr. Gerhard Th. Walter, Administrator
          Cronstettenstrasse 30, 60322 Frankfurt am Main
          Phone: 069/9591100
          Fax: 069/95911012


TKM-DENTAL: Frankfurt Court Appoints Administrator
--------------------------------------------------
The district court of Frankfurt/Main opened bankruptcy
proceedings against TKM-Dental Labor GmbH on March 1.
Consequently, all pending proceedings against the company have
been automatically stayed.  Creditors have until April 15, 2005
to register their claims with court-appointed provisional
administrator Dr. Jan Markus Plathner.

Creditors and other interested parties are encouraged to attend
the meeting on May 10, 2005, 8:45 a.m. Saal 1, Gebaude F,
Klingerstrasse 20, 60313 Frankfurt am Main, statt 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:  TKM-DENTAL LABOR GMBH
          Kaiserleistrasse 51, 63067 Offenbach am Main
          Contact:
          Ildiko Csabei, Manager
          Forsthausstrasse 7a, 64546 Morfelden-Walldorf

          Dr. Jan Markus Plathner, Administrator
          Lyoner Strasse 14, 60528 Frankfurt am Main
          Phone: 069/9623340
          Fax: 069/96233422


WALTER BAU: Lenz Family, Bilfinger Make Last-minute Bid
-------------------------------------------------------
The Lenz family and Bilfinger Berger are mounting a serious
challenge to Bauholding Strabag's bid for the profitable units
of collapsed construction group Walter Bau, Die Welt says.

Walter Bau receiver Werner Schneider had earlier agreed to sell
four subsidiaries under the group's Dywidag Holding division to
Strabag for EUR135 million.  The businesses include an Austria-
based unit, an international construction unit, a road-building
subsidiary and Walter Heilit Verkehrswegebau GmbH.  The sale
will take place only after the start of the company's insolvency
proceeding on April 1.  Until then, the Lenz family and
Bilfinger still have a chance to present their EUR165 million
offer.

The Lenz family, together with investment company Zwirn, also
offered to pay over EUR60 million to acquire a part of Walter
Bau's 53% stake in Ed.Zublin, to increase its holdings from 43%
to 48.7%.  The stake is currently assigned to creditor BayernLB
as loan guarantee.

Walter Bau declared insolvency in February after creditor banks
refused to approve its restructuring plan, denying it access to
a EUR1.5 billion credit line.

CONTACT:  WALTER BAU AG
          Boheimstr. 8
          86153 Augsburg
          Phone: +49 (0)8 21/55 82-00
          Fax: +49 (0)8 21/55 82-3 20
          Web site: http://www.walter-bau.de

          BAUHOLDING STRABAG AG
          Ortenburgerstrasse 27
          9800 Spittal/Drau, Austria
          Phone: +43-47-62-62-00
          Fax: +43-47-62-49-62
          Web site: http://www.bauholding.at

          ED ZUBLIN AG
          Albstadtweg 3
          70567 Stuttgart
          Phone: (07 11) 78 83 -5 29
          Fax: (07 11) 78 83 -5 26
          E-mail: zkb@zueblin.de
          Web site: http://www2.zueblin.de

          BILFINGER BERGER AG
          Carl-Reiss-Platz 1-5
          68165 Mannheim
          Phone: +49-621-4590
          Fax: +49-621-459-2366
          Web site: http://www.bilfingerberger.de


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


S.S. LAZIO: Survives Bankruptcy Scare
-------------------------------------
Serie A club Lazio is safe from bankruptcy, at least for now,
according to The Associated Press.

The cash-strapped football team presented a crucial document to
the bankruptcy court in Tivoli minutes before the deadline that
would have made it insolvent expired.  The club proved to the
court it could pay off its tax debt worth EUR140 million
(US$181.75 million) over 23 years.

Awaiting the decision outside the court were Lazio fans
screaming, "If Lazio fails, we will burn the city."

"We've deposited everything, now you can say Lazio is saved,"
said Lazio lawyer Gianmichele Gentile.

Last week, the club reached a deal with the Inland Revenue.  The
team's woes began shortly after the collapse of Cirio, the
club's major shareholder.  The canned food company owned by
former president Sergio Cragnotti was declared insolvent in
November 2002.  Lazio last won the Italian league title in 2000
when current England manager Sven-Goran Eriksson was coach.

CONTACT:  S.S. LAZIO
          Via di Santa Cornelia 1000
          00060 Rome
          Italy
          Phone: +39-06-97-607-111
          Fax: +39-06-90-40-00-22
          Web site: http://www.sslazio.it


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


KONINKLIJKE AHOLD: Full-year Net Loss Balloons to EUR443 Million
----------------------------------------------------------------
Highlights

(a) 2004: A year of transition;

(b) Divestment program nearing completion;

(c) Retail arena structure implemented;

(d) U.S. Foodservice's performance improved;

(e) Net debt significantly reduced;

(f) Settlement reached with U.S. SEC; and

(g) Corporate governance increasingly robust
    and transparent.

Our quarterly figures:
                          Q4 2004              Q4 2003
                        (13 weeks)           (12 weeks)

Net sales                EUR12.4 billion      EUR12.7 billion

Net sales growth        (3.0%)

Net sales growth excluding
currency impact          9.0%
and impact of divestments

Operating income         EUR207 million       EUR61 million

Net income               EUR96 million        EUR12 million

Net debt                 EUR6.3 billion       EUR7.8 billion

Net cash flow from
operating activities     EUR745 million       EUR1,060 million

Net income
per share                EUR0.06              EUR0.00

Financial highlights Q4 2004:

(a) net income Q4 2004 of EUR96 million (Q4 2003: EUR12
    million);

(b) operating income Q4 2004 of EUR207 million (Q4 2003:
    EUR61 million);

(c) net sales Q4 2004 of EUR12.4 billion, a decrease of 3.0%
    compared to Q4 2003.  Net sales growth was 9.0% excluding
    currency impact and the impact of divestments, but including
    impact of the extra week in 2004; and

(d) net cash flow from operating activities Q4 2004 of EUR745
    million (Q4 2003: EUR1,060 million).

Financial highlights Full Year 2004:

(a) operating income full year 2004 of EUR195 million (2003:
    EUR718 million) mainly impacted by the EUR428 million
    exceptional loss related to the divestment of Bompreco in Q1
    2004;

(b) net loss full year 2004 of EUR443 million (2003: net loss
    EUR1 million) impacted by total exceptional items of EUR582
    million (2003: EUR136 million); and

(c) net debt declined by EUR1.5 billion in 2004.

Key priorities for 2005:

(a) successful execution of our Road to Recovery strategy
    including completion of our divestment program;

(b) implementation of our retail business model to drive sales
    volume throughout Ahold;

(c) further improve operational performance U.S. Foodservice;
    and

(d) formulation of our 2006+ strategy following the Road to
    Recovery.

Anders C. Moberg, President and CEO, said: "Ahold's Road to
Recovery strategy is bearing fruit.  During 2004 and especially
in Q4 2004, we have made good progress.  As we anticipated, this
progress did not result in performance improvement in 2004, but
we will in due course reap the benefits of our efforts.  We are
continuing the process of building a strong and healthy
financial foundation.  We are generating the resources to be
able to invest in the growth of our stores, distribution
centers, systems and people to achieve our strategy for our
customers, associates and shareholders.

"We are moving closer to our customers, in order to better
differentiate our offering and by investing in our pricing.  We
believe customer focus and operational excellence are crucial if
we are to achieve long-term success in an increasingly
competitive sector.  We are working hard to reestablish U.S.
Foodservice as a viable, reliable, ethical company that delivers
value to Ahold.  The new management team has made great strides
forward and we are moving steadily in the right direction.

"In addition, we have put in place a stronger and more
transparent corporate governance structure.  We are simplifying
our organizational structure to support group-wide execution of
our retail model.  We are enhancing the clarity of
accountability and standards, improving internal controls and
establishing a clear and compelling culture driven by common,
shared values.  Following our full cooperation and the remedial
actions we have taken, we have reached a final settlement with
the U.S. Securities and Exchange Commission with no penalty
being imposed.

"Our key priorities for 2005:

(a) Successful execution of our Road to Recovery.  We have made
    huge strides forward in our Road to Recovery, although we
    still have significant steps to take in 2005.  We are
    focused on working towards meeting applicable criteria for
    an investment grade rating profile.  We are committed to our
    target of minimum gross proceeds of EUR2.5 billion from
    the divestment of our non-core and underperforming assets.
    We are working towards bringing this program to a successful
    conclusion in the interests of our stakeholders.  The sale
    of our Spanish retail activities and BI-LO/Bruno's (closed
    in January 2005) were significant steps in this process;

(b) Implementation of our retail business model to drive sales
    volume throughout Ahold.  We continue to roll out our retail
    model across the arenas.  Our retail model drives the
    process of reducing cost to reinvest in customer value and
    price.  Based upon the successful completion of the
    harmonization initiatives and our divestment program by the
    end of 2005, our operating targets for our food retail
    business for full year 2006 are 5% net sales growth, 5%
    EBITA margin and 14% return on net assets;

(c) Further improve operational performance U.S. Foodservice.
    We will continue to aim at restoring profitability and cash
    flow by improving the organization, pursuing further
    procurement enhancements, striving for operational
    excellence and enhancing our systems; and

(d) Formulation of our strategy 2006+ following the Road to
    Recovery.  When we have reached the end of our Road to
    Recovery, we will have defined our strategy moving forward.
    The group strategy will describe how we will win in the
    competitive environments that characterize our core market
    places.  Our strategy will profile our differentiating
    capabilities and define how we will develop further as a
    group.

"Success is a journey, not a destination.  We have come a long
way since 2003, when we were in crisis.  2004 was our year of
transition.  2005 is turning into a year of execution, a year in
which we are delivering on our promise and concentrating on
implementing our new way of working based on the solid
structures created in 2004.  I appreciate the great energy of
our associates as we complete the execution of our Road to
Recovery strategy.

"We are very focused on the business, showing strong leadership
as we drive this high pace of change, and committed to a
credible, transparent and open interactive dialogue with our
internal and external stakeholders.  We are sustaining our
commitment to our customers along our Road to Recovery."

The full copy of this report is available free of charge at
http://bankrupt.com/misc/Ahold_2004.pdf

CONTACT:  ROYAL AHOLD N.V.
          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


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


BEREZOVSKOYE RAZREZO-STROITELNOYE: Declared Insolvent
-----------------------------------------------------
The Arbitration Court of Krasnoyarsk region commenced bankruptcy
proceedings against Berezovskoye Razrezo-Stroitelnoye after
finding the corporation insolvent.  The case is docketed as A33-
30925/04-s4.  Mr. E. Gavrilets has been appointed insolvency
manager.

CONTACT:  BEREZOVSKOYE RAZREZO-STROITELNOYE CORPORATION660023,
          Russia, Krasnoyarsk region,
          Dubnino, Sovetskaya Str. 7

          Mr. E. Gavrilets
          Insolvency Manager
          660099, Russia, Krasnoyarsk region,
          Zheleznodorozhnikov Str. 22-29


KOVDORSKIY LES-PROM-KHOZ: Bankruptcy Proceedings Begin
------------------------------------------------------
The Arbitration Court of Murmansk region commenced bankruptcy
proceedings against Kovdorskiy Les-Prom-Khoz after finding the
open joint stock company insolvent.  The case is docketed as
A42-8574/03-18.  Mr. O. Temchura has been appointed insolvency
manager.  Creditors have until April 12, 2005 to submit their
proofs of claim to 183049, Russia, Murmansk, Poste Restante.

CONTACT:  KOVDORSKIY LES-PROM-KHOZ
          184140, Russia, Murmansk region,
          Kovdor, Slyudyanaya Str. 11

          Mr. O. Temchura
          Insolvency Manager
          183049, Russia, Murmansk region,
          Poste Restante


KUSHAVERSKOYE: Sets Deadline for Proofs of Claim April
------------------------------------------------------
The Arbitration Court of Novgorod region commenced bankruptcy
proceedings against Kushaverskoye after finding the peat company
insolvent.  The case is docketed as A44-9760/04-S4-K.  Mr. A.
Tsybin has been appointed insolvency manager.  Creditors have
until April 19, 2005 to submit their proofs of claim to 174571,
Russia, Novgorod region, Khvoyninskiy region, Yubileynyj,
Sosnovskaya Str. 3.

CONTACT:  KUSHAVERSKOYE
          174571, Russia, Novgorod region, Khvoyninskiy region,
          Yubileynyj, Sosnovskaya Str. 3
          Phone/Fax: 88162-138-779

          Mr. A. Tsybin
          Insolvency Manager
          174571, Russia, Novgorod region, Khvoyninskiy region,
          Yubileynyj, Sosnovskaya Str. 3
          Phone/Fax: 88162-138-779


MOS-METRO-STROYA: Moscow Court Opens Bankruptcy Proceedings
-----------------------------------------------------------
The Arbitration Court of Moscow region commenced bankruptcy
proceedings against Mos-Metro-Stroya after finding the factory
insolvent.  The case is docketed as A40-59527/04-86-53B.  Mr. I.
Sarkisyan has been appointed insolvency manager.  Creditors have
until May 19, 2005 to submit their proofs of claim to 107143,
Russia, Moscow, Tagilskaya Str. 6.

CONTACT:  MOS-METRO-STROYA
          107143, Russia, Moscow region,
          Tagilskaya Str. 6

          Mr. I. Sarkisyan
          Insolvency Manager
          107143, Russia, Moscow region,
          Tagilskaya Str. 6


ONEZHSKIY: Appoints A. Belyaninov Insolvency Manager
----------------------------------------------------
The Arbitration Court of Kareliya republic commenced bankruptcy
proceedings against Onezhskiy after finding the metal factory
insolvent.  The case is docketed as 26-5776/04-18.  Mr. A.
Belyaninov has been appointed insolvency manager.  Creditors
have until April 26, 2005 to submit their proofs of claim to
Russia, Kareliya republic, Petrozavodsk, Vytegorskoye Shosse,
60A.

CONTACT:  ONEZHSKIY METALLURGICAL PLANT
          Russia, Kareliya republic,
          Petrozavodsk, Pravdy Str. 29

          Mr. A. Belyaninov
          Insolvency Manager
          Russia, Kareliya republic, Petrozavodsk,
          Vytegorskoye Shosse, 60A


PASSENGER AUTO-TRANSFER: Holds Public Auction Today
---------------------------------------------------
Insolvency Manager Mr. S. Shubin will sell the property of open
joint stock company Passenger Auto-Transfer on March 31, 2005,
10:00 a.m.  The public auction will take place at Russia, Kirov,
Severnoye Koltso Str. 16A.  Up for sale are four different
buildings.  Starting price: RUB15,000,000 inclusive of VAT.  The
list of documentary requirements is available at Russia, Kirov,
Severnoye Koltso Str. 16A.

CONTACT:  PASSENGER AUTO-TRANSFER
          Russia, Kirov region,
          Severnoye Koltso Str. 16A


REINFORCED CONCRETE: Gives Creditors Until April to File Claims
---------------------------------------------------------------
The Arbitration Court of Orenburg region commenced bankruptcy
proceedings against Reinforced Concrete after finding the open
joint stock company insolvent.  The case is docketed as A47-
4517/03-14GK.  Mr. D. Taushev has been appointed insolvency
manager.  Creditors have until April 12, 2005 to submit their
proofs of claim to 460000, Russia, Orenburg, Gaya Str. 23A.

CONTACT:  REINFORCED CONCRETE
          462401, Russia, Orenburg region,
          Orsk, Stroiteley Str. 44

          Mr. D. Taushev
          Insolvency Manager
          460000, Russia, Orenburg region,
          Gaya Str. 23A
          Phone/Fax: (3532) 78-40-26


RYAZANSKIY: Last Day for Filing Claims April 19
-----------------------------------------------
The Arbitration Court of Ryazan region commenced bankruptcy
proceedings against Ryazanskiy after finding the transport
centre insolvent.  The case is docketed as A54-2892/04-S1.  Mr.
V. Motorzhin has been appointed insolvency manager.  Creditors
have until April 19, 2005 to submit their proofs of claim.

CONTACT:  RYAZANSKIY
          390044, Russia, Ryazan region,
          Novatorov Str. 2, Room 1

          Mr. V. Motorzhin
          Insolvency Manager
          390000, Russia, Ryazan region,
          Polonskogo Str. 19, Room 1


SALAVATSKIY EXPERIMENTAL: Bankruptcy Proceedings Begin
------------------------------------------------------
The Arbitration Court of Bashkortostan republic commenced
bankruptcy proceedings Salavatskiy Experimental after finding
the mechanical factory insolvent.  The case is docketed as A07-
18390/02-A-MOG.  Mr. F. Ishtuganov has been appointed insolvency
manager.  Creditors have until April 19, 2005 to submit their
proofs of claim to 453256, Russia, Salavat, Krasnoarmeyskaya
Str. 4.

CONTACT:  SALAVATSKIY EXPERIMENTAL MECHANICAL FACTORY
          453256, Russia, Salavat,
          Krasnoarmeyskaya Str. 4

          Mr. F. Ishtuganov
          Insolvency Manager
          453112, Russia, Sterlitamak,
          Kochetova Str. 23b


SYZRANSKIY: Hires Y. Levin as Insolvency Manager
------------------------------------------------
The Arbitration Court of Samara region commenced bankruptcy
proceedings against Syzranskiy (TIN 6383000282) after finding
the close joint stock company insolvent.  The case is docketed
as A55-9055/02-27 (15).  Mr. Y. Levin has been appointed
insolvency manager.  Creditors have until April 19, 2005 to
submit their proofs of claim to 446001, Russia, Samara region,
Syzran, Post User Box 41.

CONTACT:  SYZRANSKIY
          Russia, Samara region,
          Syzranskiy region, Koshelevka

          Mr. Y. Levin
          Insolvency Manager
          446001, Russia, Samara region,
          Syzran, Post User Box 41


TOMSKIY CHEMICAL: Claims Filing Period Ends April 19
----------------------------------------------------
The Arbitration Court of Tomsk region commenced bankruptcy
proceedings against Tomskiy Chemical Complex-4 after finding the
open joint stock company insolvent.  The case is docketed as
A67-131/01.  Mr. N. Vitchukov has been appointed insolvency
manager.  Creditors have until April 19, 2005 to submit their
proofs of claim to 634067, Russia, Tomsk, Kuzovlevskkiy Trakt,
2.

CONTACT:  TOMSKIY CHEMICAL COMPLEX-4
          634067, Russia, Tomsk region,
          North Industrial Uzel

          Mr. N. Vitchukov
          Insolvency Manager
          634067, Russia, Tomsk region,
          Kuzovlevskkiy Trakt, 2


=========
S P A I N
=========


JESMAR SA: Game Over for Toy Maker
----------------------------------
Toy maker Jesmar S.A. will shut down its operations due to
persistent financial difficulties, El Pais says.

Jesmar, which filed for temporary receivership in January 2001,
has been saddled by debt for years.  The group also blames the
increasing rift among shareholders.  The closure will affect
around 100 employees.

Meanwhile, the worker's committee disagreed with the decision,
claiming that business had started to pick up, as evidenced by
its growing order book.  Management assures employees the
closure would be temporary, according to trade union sources.

Established in 1946, Alicante-based Jesmar sells toys in
Nuremberg, Paris, London, New York, Mexico, Valencia, Tokyo, and
Hong Kong.

CONTACT:  JESMAR S.A.
          Ctra. de Alcoy, s/n
          03410 Biar Alicante
          Phone: +34 96 581 02 00
          Fax: +34 96 581 07 01
          E-mail: jesmar@jesmar.es
          Web site: http://www.jesmar.es


PASARELA TEXTIL: Shutting down Production Plant
-----------------------------------------------
Textile maker Pasarela Textil will close down its production
plant in Reus, El Pais says.

The group blamed the closure to financial problems and weak
order book.  Pasarela has already submitted the redundancy plan
for its 133 employees to the Catalan regional authorities,
according to trade union sources.  Following the closure, the
group will import textiles from China.

Pasarela Textil, which is owned by Grupaser Textil and Dutch
group Eyelatser, suffered a EUR155,000 loss in 2003, after
posting EUR27.3 million in turnover.  The group manufactures and
sells polyester and viscose fabrics.

CONTACT:  PASARELA TEXTIL S.A.
          Bellesguard 32
          Phone: +34934176000
          Fax: +34932126746
          E-mail: luis.casacuberta@pasarelatextil.es
          Web site: http://www.pasarelatextil.es


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


BPF-TERMO: Court Brings in Liquidator
-------------------------------------
The Economic Court of Ivano-Frankivsk region commenced
bankruptcy proceedings against BPF-TERMO (code EDRPOU 31943103)
on February 15, 2005 after finding the limited liability company
insolvent.  The case is docketed as B-7/119.  Mr. Vitalij
Gumenuk (License Number AA 779337) has been appointed
liquidator/insolvency manager.  The company holds account number
260003011616 at Oshadbank, Dolina branch 6343, MFO 336536.

Creditors have until April 5, 2005 to submit their proofs of
claim to:

(a) BPF-TERMO
    Ukraine, Ivano-Frankivsk region,
    Dolina, Obliski Str. 36

(b) Mr. Vitalij Gumenuk
    Liquidator/Insolvency Manager
    Ukraine, Ivano-Frankivsk region,
    Privokzalna Str. 9/81

(c) ECONOMIC COURT OF IVANO-FRANKIVSK REGION
    76000, Ukraine, Ivano-Frankivsk region,
    Shevchenko Str. 16


DNIPRODZERZHINSK' BOILER: Under Bankruptcy Supervision
------------------------------------------------------
The Economic Court of Dnipropetrovsk region commenced bankruptcy
supervision procedure on CJSC Dniprodzerzhinsk' Boiler-Welding
Plant (code EDRPOU 05495360).  The case is docketed as B
15/130/04.  Mr. V. Bezpalov (License Number AA 140430) has been
appointed temporary insolvency manager.  The company holds
account numbers 26003100730001, 26047100730001 at JSCB
Ukrsocbank, Dniprodzerzhinsk branch, MFO 305051.

Creditors have until April 5, 2005 to submit their proofs of
claim to:

(a) DNIPRODZERZHINSK' BOILER-WELDING PLANT
    51900, Ukraine, Dnipropetrovsk region,
    Dniprodzerzhinsk, Krivorizka Str. 1-a

(b) Mr. V. Bezpalov
    Temporary Insolvency Manager
    49081, Ukraine, Dnipropetrovsk region,
    Vorontsov Str. 75/232

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


GVARDIJSKE: Temporary Insolvency Manager Takes over Helm
--------------------------------------------------------
The Economic Court of AR Krym region commenced bankruptcy
supervision procedure on LLC Gvardijske (code EDRPOU 30833789).
The case is docketed as 2-11/17024-2004.  Ms. Meteleva Svitlana
(License Number AA 485251) has been appointed temporary
insolvency manager.  The company holds account number
260093248600 at JSCB Ukrsocbank, Krym regional branch, MFO
324010.

Creditors have until April 5, 2005 to submit their proofs of
claim to:

(a) GVARDIJSKE
    97513, Ukraine, AR Krym region,
    Simferopol district, Gvardijske,
    Medicinskij Lane, 2A

(b) Ms. Meteleva Svitlana
    Temporary Insolvency Manager
    Ukraine, AR Krym region,
    Simferopol, Vishneva Str. 60

(c) THE ECONOMIC COURT OF AR KRYM REGION
    95000, Ukraine, AR Krym region,
    Simferopol, Karl Marks Str. 18


KIRIMPEKS: Gives Creditors Until Next Week to File Claims
---------------------------------------------------------
The Economic Court of Kirovograd region commenced bankruptcy
supervision procedure on OJSC Kirovograd' Shoe Enterprise
Kirimpeks (code EDRPOU 00308212) on February 15, 2005.  The case
is docketed as 6/201.  Mr. Vadim Kosarenko (License Number AA
484182) has been appointed temporary insolvency manager.  The
company holds account number 260021952 at JSPPB Aval, Kirovograd
branch, MFO 323538.

Creditors have until April 5, 2005 to submit their proofs of
claim to:

(a) KIROVOGRAD' SHOE ENTERPRISE KIRIMPEKS
    25006, Ukraine, Kirovograd region,
    Inzheneriv Avenue, 15

(b) Mr. Vadim Kosarenko
    Temporary Insolvency Manager
    Ukraine, Kirovograd region,
    Preobrazhenskij Str. 6/29
    Phone: 8 (050) 565-74-78

(c) THE ECONOMIC COURT OF KIROVOGRAD REGION
    25022, Ukraine, Kirovograd region,
    Lunacharski Str. 29


MOLZAVOD NIKOPOLSKIJ: Succumbs to Bankruptcy
--------------------------------------------
The Economic Court of Dnipropetrovsk region commenced bankruptcy
supervision procedure on OJSC Molzavod Nikopolskij (code EDRPOU
00444978) on December 28, 2004.  The case is docketed as B
29/233/04.  Ms. Ludmila Chmil (License Number AA 783190) has
been appointed temporary insolvency manager.  The company holds
account number 26002012260100 at JSPPB Aval, Nikopol branch, MFO
306782.

Creditors have until April 5, 2005 to submit their proofs of
claim to:

(a) MOLZAVOD NIKOPOLSKIJ
    53270, Ukraine, Dnipropetrovsk region,
    Nikopol district, Menzhinske,
    Centralna Str. 1

(b) Ms. Ludmila Chmil
    Temporary Insolvency Manager
    53210, Ukraine, Dnipropetrovsk region,
    Nikopol, Kashtanova Str. 51/79

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


STAHANOVPROMTRANS: Bankruptcy Supervision Starts
------------------------------------------------
The Economic Court of Lugansk region commenced bankruptcy
supervision procedure on State OJSC Stahanovpromtrans (code
EDRPOU 00179364).  The case is docketed as 20/29 B.  Mr.
Oleksandr Pavlenko (License Number AA 250356) has been appointed
temporary insolvency manager.  The company holds account number
26005590667501 at JSCB Ukrsocbank, Alchevsk branch of Stahanov,
MFO 304052.

Creditors have until April 5, 2005 to submit their proofs of
claim to:

(a) STAHANOVPROMTRANS
    94002, Ukraine, Lugansk region,
    Stahanov, Teplovozna Str. 5

(b) Mr. Oleksandr Pavlenko
    Temporary Insolvency Manager
    91019, Ukraine, Lugansk region,
    Artema Str. 447/9

(c) ECONOMIC COURT OF LUGANSK REGION
    91000, Ukraine, Lugansk region,
    Geroiv VVV Square, 3a


TAGANCHA' EXPERIMENTAL: Creditors' Claims Due Next Week
-------------------------------------------------------
The Economic Court of Cherkassy region commenced bankruptcy
supervision procedure on Tagancha' Experimental Plant (code
EDRPOU 05395121).  The case is docketed as 01/400.  Mr. Sergij
Pshenichnij has been appointed temporary insolvency manager.
The company holds account number 26001301171 at Oshadbank,
Kanivske branch 3284, MFO 354585.

Creditors have until April 5, 2005 to submit their proofs of
claim to:

(a) TAGANCHA' EXPERIMENTAL PLANT
    19052, Ukraine, Cherkassy region,
    Kanivskij district, Tagancha

(b) Mr. Sergij Pshenichnij
    Temporary Insolvency Manager
    Ukraine, Cherkassy region,
    Vernigori Str. 16/6
    Phone: 8 (505) 526-81-13

(c) ECONOMIC COURT OF CHERKASSY REGION
    18005, Ukraine, Cherkassy region,
    Shevchenko Avenue, 307


ZAHIDPROD-EKS: Declared Insolvent
---------------------------------
The Economic Court of Ivano-Frankivsk region commenced
bankruptcy proceedings against Zahidprod-Eks (code EDRPOU
30474964 on January 17, 2005 after finding the limited liability
company insolvent.  The case is docketed as B-13/31.  Ms. Nadiya
Mirinda has been appointed liquidator/insolvency manager. The
company holds account number 26008287101000 at OJSC CB Dnister,
Ivano-Frankivsk branch, MFO 336923.

Creditors have until April 5, 2005 to submit their proofs of
claim to:

(a) ZAHIDPROD-EKS
    76000, Ukraine, Ivano-Frankivsk region,
    Galitska Str. 57 a

(b) ECONOMIC COURT OF IVANO-FRANKIVSK REGION
    76000, Ukraine, Ivano-Frankivsk region,
    Shevchenko Str. 16


ZAHID-PRODUCT: Insolvency Manager Comes in
------------------------------------------
The Economic Court of Ivano-Frankivsk region commenced
bankruptcy proceedings against Zahid-Product (code EDRPOU
31004115) on January 17, 2005 after finding the limited
liability company insolvent.  The case is docketed as B-13/30.
Ms. Nadiya Mirinda has been appointed liquidator/insolvency
manager.  The company holds account number 26000301605 at
Oshadbank, Tlumach branch, MFO 336600.

Creditors have until April 5, 2005 to submit their proofs of
claim to:

(a) ZAHID-PRODUCT
    78000, Ukraine, Ivano-Frankivsk region,
    Tlumach, Plavyuk Str. 34

(b) COURT OF IVANO-FRANKIVSK REGION
    76000, Ukraine, Ivano-Frankivsk region,
    Shevchenko Str. 16


ZAPORIZKENERGOZAHIST: Liquidator Takes over Operations
------------------------------------------------------
The Economic Court of Zaporizhya region commenced bankruptcy
proceedings against Zaporizkenergozahist (code EDRPOU 00103177)
on January 14, 2005 after finding the limited liability company
insolvent.  The case is docketed as 21/28.  Mr. Roman Vasilenko
(License Number AA 419242) has been appointed
liquidator/insolvency manager.  The company holds account number
26002301190211 at JSC Prominvestbank, Energodar branch, MFO
313098.

Creditors have until April 5, 2005 to submit their proofs of
claim to:

(a) ZAPORIZKENERGOZAHIST
    Ukraine, Zaporizhya region,
    Energodar, a/b 47

(b) Mr. Roman Vasilenko
    Liquidator/Insolvency Manager
    69000, Ukraine, Zaporizhya region,
    Peremogi Str. 121/172

(c) ECONOMIC COURT OF ZAPORIZHYA REGION
    69001, Ukraine, Zaporizhya region,
    Shaumyana Str. 4


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


+3 SOLUTIONS: Members Decide to Wind up Company
-----------------------------------------------
At the extraordinary general meeting of the members of +3
Solutions Limited on March 11, 2005 held at the offices of David
Horner & Co, 11 Clifton Moor Business Village, James Nicolson
Link, Clifton Moor, York YO30 4XG, the extraordinary and
ordinary resolutions to wind up the company were passed.  David
Anthony Horner of David Horner & Co, 11 Clifton Moor Business
Village, James Nicolson Link, Clifton Moor, York YO30 4XG has
been appointed liquidator of the company.

CONTACT:  DAVID HORNER & CO.
          11 Clifton Moor Business Village
          James Nicolson Link,
          York YO30 4XG
          Phone: 01904 479801
          Web site: http://www.davidhornerandco.co.uk


ABERYSTWYTH BAKERY: Hires Liquidators from Begbies
--------------------------------------------------
At the extraordinary general meeting of the members of
Aberystwyth Bakery Limited on March 18, 2005 held at 5th Floor,
Riverside House, 31 Cathedral Road, Cardiff, the extraordinary
and ordinary resolutions to wind up the company were passed.
John W. Davies and David Hill of Begbies Traynor, 5th Floor,
Riverside House, 31 Cathedral Road, Cardiff CF11 9HB have been
appointed joint liquidators of the company.

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


AGGREGATE LOGISTICS: Names F A Simms & Partners Administrator
-------------------------------------------------------------
Richard Frank Simms (IP No 9252) has been appointed
administrator for Aggregate Logistics Limited.  The appointment
was made March 15, 2005.

The company manages freight transport by road.  Its registered
office is located at Hangar 45, Yatesbury Road, Yatesbury,
Calne, Wiltshire SN11 8XH.

CONTACT:  F A SIMMS & PARTNERS PLC
          Insol House
          39 Station Road
          Lutterworth
          Leicestershire LE17 4AP
          Phone: 01455 557111
          Fax: 01455 552572
          E-mail: rsimms@fasimms.com


ALGINURE PRODUCTS: Hires Joint Liquidators from P&A Partnership
---------------------------------------------------------------
At the extraordinary general meeting of Alginure Products
Limited on March 16, 2005 held at 23 Totley Hall Drive,
Sheffield S17 4BB, the special, ordinary and extraordinary
resolutions to wind up the company were passed.  Andrew Philip
Wood and John Russell of 93 Queen Street, Sheffield S1 1WF have
been appointed joint liquidators of the company.

CONTACT:  THE P&A PARTNERSHIP
          93 Queen Street, Sheffield S1 1WF
          Phone: (0114) 275 5033
          Fax: (0114) 276 8556
          E-mail: info@poppletonappleby.co.uk
          Web site: http://www.thepandapartnership.com


ARTISAN STOCKPOINT: Members Hire Liquidators from Wilson Pitts
--------------------------------------------------------------
At the extraordinary general meeting of the members of the
Artisan Stockpoint Limited on March 14, 2005 held at Wilson
Pitts, Glendevon House, Hawthorn Park, Coal Road, Leeds LS14
1PQ, the special resolution to wind up the company was passed.
D. F. Wilson and J. N. R. Pitts have been appointed joint
liquidators of the company.

CONTACT:  WILSON PITTS
          Glendevon House
          Hawthorn Park
          Coal Road
          Leeds
          West Yorkshire LS14 1PQ
          Phone: 0113 237 5560
          Fax: 0113 237 5561
          E-mails: julian.pitts@wilson-pitts.co.uk
                   david.wilson@wilson-pitts.co.uk


ATKINS NUTRITIONALS: Names Administrators from Moore Stephens
-------------------------------------------------------------
Jeremy Willmont and Phillip Sykes (IP Nos 9044, 6119) have been
appointed administrators for Atkins Nutritionals (United
Kingdom) Ltd.  The appointment was made March 17, 2005.  The
company supplies food and diet supplements.

CONTACT:  MOORE STEPHENS
          1 Snow Hill,
          London EC1A 2EN
          Phone: 020 7334 9191
          Fax:   020 7248 3408
          Web site: http://www.moorestephens.co.uk


BALVICAR SECURITY: Winding-up Report Out Mid-April
--------------------------------------------------
            IN THE MATTER OF THE INSOLVENCY ACT 1986

                               and

      IN THE MATTER OF Balvicar Security Services Limited
                        (in Liquidation)

Notice is hereby given in terms of section 94 of the Insolvency
Act 1986, that a Final Meeting of the Members of Balvicar
Security Services Limited will be held in the offices of Smith
Inglis & Co, Suite 412, Baltic Chambers, 50 Wellington Street,
Glasgow G2 6HJ, on Thursday April 14, 2005, at 10:00 a.m. for
the purposes of receiving a final account of the winding-up from
the Liquidator together with any explanations that may be given
by him and to determine whether he should be released as
Liquidator in terms of the Insolvency Act 1986.

All Members are entitled to attend in person or by proxy and a
Resolution will be passed by majority in value of those voting.
Members may vote once proxies have been submitted and accepted
at meeting or lodged before hand at the office below.

Kenneth G. Le May, Liquidator
March 8, 2005

CONTACT:  SMITH INGLIS & CO.
          Suite 412
          Baltic Chambers
          50 Wellington Street
          Glasgow G2 6HJ

          Kenneth George Le May
          Phone: 0141 248 8339
          Fax: 0141 248 8339


BLUE STAR: Hires Liquidator from Begbies Traynor
------------------------------------------------
At the general meeting of Blue Star Hotels Limited, the special
and ordinary resolutions to wind up the company were passed.
Ian E. Walker of Begbies Traynor, Balliol House, Southernhay
Gardens, Exeter, Devon EX1 1NP has been appointed liquidator of
the company.

CONTACT:  BEGBIES TRAYNOR
          Balliol House,
          Southernhay Gardens,
          Exeter EX1 1NP
          Phone: 01392 260800
          Fax: 01392 260801
          E-mail: ian.walker@begbies-traynor.com
          Web site: http://www.begbies.com


CAMBER ENTERTAINMENT: Names Begbies Traynor Administrator
---------------------------------------------------------
W. John Kelly and James P. N. Martin (IP Nos 004857 and 8316)
have been appointed administrators for Camber Entertainment
Limited.  The appointment was made March 17, 2005.

CONTACT:  BEGBIES TRAYNOR
          Newater House
          11 Newhall Street
          Birmingham B3 3NY
          E-mail: birmingham@begbies-traynor.com
          Web site: http://www.begbies.com


CARBO PLC: U.K. Operations Fall into Administration
---------------------------------------------------
The Board of Carbo plc said that it has, by reason of its
financial position, resolved to appoint Ernst & Young as
administrator to deal with its affairs.

In addition, the principal U.K. subsidiaries have also resolved
to appoint administrators to provide protection for their
respective assets.  These actions in the U.K. do not affect the
rest of the Group's operations in Germany, Italy and elsewhere.
These businesses will continue to trade as normal.

The Company will be consulting with its funders and professional
advisers and will make a further announcement in due course.

                            *   *   *

With effect from 24 March 2005, Andrea Manganelli, Herman Fuchs
and Carlo Palu resigned as Directors of the Company.

CONTACT:  CARBO PLC
          Stuart Dootson
          Phone: 07734 297657

          W.H. IRELAND LTD.
          David Youngman
          Phone: 0161 819 8743


CHRYMARK SECURITY: Calls in Administrator from Tomlinsons
---------------------------------------------------------
A. H. Tomlinson (IP No 006585) has been appointed administrator
for Chrymark Security Limited.  The appointment was made March
8, 2005.  Its registered office is located at Tomlinsons, St
Johns Court, 72 Gartside Street, Manchester M3 3EL.

CONTACT:  TOMLINSONS
          St John's Court,
          72 Gartside Street, Manchester M3 3EL
          Phone: 0870 60 70 170
          Fax:   0870 60 70 180
          E-mail: advice@tomlinsons.co.uk
          Web site: http://www.tomlinsons.co.uk


COMTEC GROUP: Hires Liquidators from The P&A Partnership
--------------------------------------------------------
At the extraordinary general meeting of Comtec Group Limited on
March 16, 2005 held at 23 Totley Hall Drive, Sheffield S17 4BB,
the subjoined special, ordinary and extraordinary resolutions to
wind up the company were passed.  Andrew Philip Wood and John
Russell of 93 Queen Street, Sheffield S1 1WF has been appointed
joint liquidators of the company.

CONTACT:  THE P&A PARTNERSHIP
          93 Queen Street, Sheffield S1 1WF
          Phone: (0114) 275 5033
          Fax: (0114) 276 8556
          E-mail: info@poppletonappleby.co.uk
          Web site: http://www.thepandapartnership.com


CP3I LIMITED: Appoints Deloitte & Touche Administrator
------------------------------------------------------
William Kenneth Dawson (IP No 8266) and Ian Brown (IP No 7236)
have been appointed administrators for printing company CP3i
Limited.  The appointment was made March 17, 2005.  Its
registered office is located at 201 Deansgate, Manchester M60
2AT.

CONTACT:  DELOITTE & TOUCHE
          1 City Square
          Leeds
          West Yorkshire LS1 2AL
          Phone: 0113 292 1748
          Fax: 0113 244 8942

          DELOITTE & TOUCHE
          PO Box 500
          201 Deansgate
          Manchester
          Greater Manchester M60 2AT
          Phone: 0161 832 3555
          Fax: 0161 829 3806
          E-mail: bill.dawson@deloitte.co.uk


DESMOND RODGERS: Calls in Administrator from F A Simms
------------------------------------------------------
Richard Frank Simms (IP No 9252) has been appointed
administrator for Desmond Rodgers Limited.  The appointment was
made March 15, 2005.  The company manages freight transport.
Its registered office is located at Hangar 45, Yatesbury Road,
Yatesbury, Calne, Wiltshire SN11 8XH.

CONTACT:  F A SIMMS & PARTNERS PLC
          Insol House
          39 Station Road
          Lutterworth
          Leicestershire LE17 4AP
          Phone: 01455 557111
          Fax: 01455 552572
          E-mail: rsimms@fasimms.com


ECI CONTRACTS: Administrators from Begbies Traynor Move in
----------------------------------------------------------
David Paul Hudson and Lloyd Biscoe (IP Nos 008977, 009141) have
been appointed administrators for ECI Contracts Limited.  The
appointment was made March 10, 2005.  The company offers
recruitment services.  Its registered office is located at 3rd
Floor Kingsbourne House, 229-231 High Holborn, London WC1V 7DA.

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


EIDOS PLC: SCi Gets Enough Votes to Spoil Elevation Offer
---------------------------------------------------------
SCi Entertainment drew closer to topping the recommended offer
of Elevation Partners, according to The Guardian.

The computer game company said Tuesday 26.5% of Eidos
shareholders has already backed its GBP76 million offer for
Eidos.  Aside from Merrill Lynch and Gartmore, which between
them own 6.5% of Eidos, SCi also gained the support of Eidos'
largest shareholder Schroders, which holds 20%.  SCi is
optimistic about winning more votes this week, as support for
Elevation has dropped to a simple majority of 50.1%.

The announcement came as SCi's Chief Executive Jane Cavanagh
argued its case before an Eidos board committee, together with
finance director, Rob Murphy; and Bill Ennis, sales and
marketing director at SCi's south London offices.

Elevation, a U.S. private equity firm backed by U2's lead
vocalist Bono, is offering to buy Eidos for GBP71 million via a
scheme of arrangement.  It needs the backing of 75% of investors
to pull off the sale.

SCi's all-share offer pits against Elevation's all-cash bid.  It
plans to implement cost-cutting measures such as delisting Eidos
from Nasdaq.  Incumbent CEO Mike McGarvey would likely lose his
job if SCi wins.

Eidos develops interactive video and computer games such as the
popular Tomb Raider series primarily for PCs and Sony
PlayStation 2, but also for Nintendo GameCube, Nokia's N-Gage,
and Microsoft's Xbox.  Other Eidos titles include Hitman 2:
Silent Assassin and TimeSplitters 2, http://www.hoovers.com
says.

CONTACT:  EIDOS PLC
          Wimbledon Bridge House
          1 Hartfield Road Wimbledon
          London
          United Kingdom
          SW19 3RU
          Phone: +44 20 8636 3000
          Fax: +44 20 8636 3001
          Web site: http://www.eidos.com

          SCI ENTERTAINMENT GROUP PLC
          14 Ivory House
          Plantation Wharf
          London
          United Kingdom
          SW11 3TN
          Phone: +44 20 7350 5240
          Fax: +44 20 7924 3419
          Web site: http://www.sci.co.uk


ELEPHANTE LIFT: Calls in Thompson Partnership as Administrator
--------------------------------------------------------------
Andrew W. Thompson and Daniel P. Hennessy (IP Nos 5807, 1388)
have been appointed joint administrators for Elephante Lift
Technology Limited.  The appointment was made March 11, 2005.
The company manufactures lift and handling equipment.

CONTACT:  THE THOMPSON PARTNERSHIP
          Square Root Business Centre
          102 Windmill Road
          Croydon
          Surrey CR0 2XQ
          Phone: 020 8665 4284
          Fax: 020 8665 4201


F. CHAPMAN: Administrator from McCabe Ford Moves in
---------------------------------------------------
David Jenner Cork (IP No 005522) has been appointed
administrator for removal contractors F. Chapman & Sons Limited.
The appointment was made March 15, 2005.  Its registered office
is located at Bank Chambers, 1 Central Avenue, Sittingbourne,
Kent ME10 4AE.

CONTACT:  MCCABE FORD WILLIAMS
          Bank Chambers,
          1 Central Avenue,
          Sittingbourne, Kent ME10 4AE
          Phone: (01795) 479111
          Fax: (01795) 428810
          E-mail: sittingbourne@mfw.co.uk
          Web site: http://www.mfw.co.uk


FREEPORT HORNSEA: Liquidator from Tomlinsons Moves in
-----------------------------------------------------
At the extraordinary general meeting of Freeport Hornsea Limited
on March 18, 2005 held at Maybrook House, 40 Blackfriars Street,
Manchester M3 2EG, the resolutions to wind up the company were
passed.  Alan H. Tomlinson of Tomlinsons, St John's Court, 72
Gartside Street, Manchester M3 3EL has been appointed liquidator
of the company.

CONTACT:  TOMLINSONS
          St John's Court,
          72 Gartside Street, Manchester M3 3EL
          Phone: 0870 60 70 170
          Fax:   0870 60 70 180
          E-mail: advice@tomlinsons.co.uk
          Web site: http://www.tomlinsons.co.uk


GASKELL FLOORING: Calls in Kroll Limited Administrator
------------------------------------------------------
Name of companies:
GASKELL FLOORING LIMITED
GASKELL LOGISTICS LIMITED
GASKELL LOGISTICS (NORTHERN) LIMITED
GASKELL PLC

C. P. Holder and S. C. E. Mackellar (IP Nos 9093, 6883) have
been appointed administrators for these companies.  The
appointment was made March 18, 2005.  These companies are into
road transport, offer other business services and manufactures
textile and clothing.

CONTACT:  KROLL LIMITED
          Wellington Plaza,
          31 Wellington Street,
          Leeds LS1 4DL
          Web site: http://www.krollworldwide.com


GLOW COMMUNICATIONS: Suspends Cancellation of AIM Admission
-----------------------------------------------------------
It was announced on 7 February 2005 that Glow Communications plc
was expected to apply for the cancellation of its AIM admission
with effect from 10 March 2005.  An application has since been
made to Court by certain creditors to stay the appointment of a
Liquidator and challenging the rights of certain creditors to
vote, who had previously voted for the company to proceed into
Liquidation rather than allowing an opportunity for Company
Voluntary Arrangement proposals to be made to creditors and
shareholders.

Pending the outcome of the Court action, the Company has not
sought cancellation of its AIM admission and will only seek
cancellation if it proceeds into liquidation.

In any event, should the Company's securities remain suspended
until 28 April 2005, being the date six months after the shares
were suspended on 28 October 2004, the Company's AIM admission
will automatically terminate.


GOLD FIELDS: Appoints KPMG Liquidator
-------------------------------------
At the extraordinary general meeting of Gold Fields Resources
Limited on March 11, 2005 held at 8 Salisbury Square, London
EC4Y 8BB, the special and ordinary resolutions to wind up the
company were passed.  Jeremy Simon Spratt and James Robert
Tucker of KPMG LLP, 8 Salisbury Square, London EC4Y 8BB have
been appointed joint liquidators of the company.

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


HORTA LIMITED: Appoints Liquidator from Deloitte & Touche
---------------------------------------------------------
At the extraordinary general meeting of Horta Limited on March
11, 2005, the special and ordinary resolutions to wind up the
company were passed.  Aileen Jane Crooks and Andrew Philip
Peters of Deloitte & Touche LLP, Leda House, Station Road,
Cambridge CB1 2RN have been appointed joint liquidators of the
company.

CONTACT: DELOITTE & TOUCHE LLP
         Leda House
         Station Road
         Cambridge
         Cambridgeshire CB1 2RN
         Phone: 01223 460222
         Fax: 01223 350839
         E-mail: ajcrooks@deloitte.co.uk


ITCHY EYE: Appoints Tomlinsons Liquidator
-----------------------------------------
At the extraordinary general meeting of Itchy Eye Limited on
March 18, 2005 held at 26 Dartmouth Park Avenue, London NW5 1JN,
the resolutions to wind up the company were passed.  Alan H.
Tomlinson of Tomlinsons, St John's Court, 72 Gartside Street,
Manchester M3 3EL has been appointed liquidator of the company.

CONTACT:  TOMLINSONS
          St John's Court,
          72 Gartside Street, Manchester M3 3EL
          Phone: 0870 60 70 170
          Fax:   0870 60 70 180
          E-mail: advice@tomlinsons.co.uk
          Web site: http://www.tomlinsons.co.uk


JARVIS PLC: Secures Additional Short-term Financing
---------------------------------------------------
Jarvis plc has signed agreements with its existing lending group
for GBP17 million of additional short term financing to meet
greater than anticipated working capital requirements, and
modified the terms of its existing facilities to add an
effective 1% per month payment in kind (non-cash) coupon.

This is part of a defined program of working with the Group's
lenders regarding a probable further short-term working capital
requirement, and to achieve the Board's previously stated
objective of restructuring its funding and capital base.  The
lenders have been supportive of this process.  The restructuring
is likely to include a debt to equity conversion.

Jarvis has now broadly completed the group's main cost reduction
program, which strengthens the prospects for the Group's core
businesses.

Alan Lovell, Chief Executive of Jarvis plc, said: "These
agreements are positive steps which demonstrate the ongoing
support of our lending group."

CONTACT:  JARVIS PLC
          Alan Lovell
          Phone: 020 7017 8294


JARVIS PLC: Shares Drop on News of GBP17 Million Extra Debt
-----------------------------------------------------------
Jarvis shares dropped 29 percent at one point Tuesday following
news of the group taking in an extra GBP17 million of emergency
debt.

Shares lost 20% at 13.75p after chief executive Alan Lovell
confirmed Jarvis was back to its bankers for additional funding
to stay alive.  Mr. Lovell explained the support services
company had "working capital issues . . . the vast majority of
which are purely timing."

Jarvis, which has already been struggling with a GBP280 million
debt mountain, would have to pay back more interest adding up to
GBP3 million to its burden.

A rights issue and third party investment as well as a debt-for-
equity swap, which would dilute the value of existing
shareholdings, have been considered as solution to the company's
financial woes.

"Some shareholders have expressed an interest in investing
again," Mr. Lovell said. "We are also considering bringing in a
strategic investor as part of this plan."

"The lender group has been supportive - not only in supplying
the cash for working capital but in working on restructuring the
balance sheet," he added.

Bankers Barclays and the Royal Bank of Scotland agreed to the
extra financing just two months after they rescued the firm from
the brink of collapse by extending banking facilities for 12
months.

Before that, Jarvis had already dropped 14 outstanding
construction projects, handing some of its hospital and schools
PFI projects to third parties.   It had also sold its stake in
Tube Lines to its partner Amey for GBP147 million to add to a
then o30m cost-cutting exercise.  The measure included the
closure of its City offices, and an earlier GBP23 million
economy drive for the summer.

Since being linked to the Potters Bar rail crash three years
ago, the firm found it difficult to renew and win contracts. It
also suffered from rapid expansion into PFI, which led to the
exit of its finance director, Alistair Rae, and its public
relations boss, Jonathan Haslam.

CONTACT:  JARVIS PLC
          24 Britton St.
          London
          EC1M 5UA
          United Kingdom
          Phone: +44-20-7017-8000
          Fax: +44-20-7017-0083
          Web site: http://www.jarvisplc.com


KENJEFF LIMITED: Calls in PricewaterhouseCoopers Liquidator
-----------------------------------------------------------
At the meeting of Kenjeff Limited on March 14, 2005, the special
and ordinary resolutions to wind up the company were passed.
Tim Walsh and Richard Setchim of PricewaterhouseCoopers LLP,
Cornwall Court, 19 Cornwall Street, Birmingham B3 2DT have been
appointed joint liquidators of the company.

CONTACT:  PRICEWATERHOUSECOOPERS LLP
          Cornwall Court, 19 Cornwall Street,
          Birmingham B3 2DT
          Phone: [44] (121) 200 3000
          Fax:   [44] (121) 200 2464
          Web site: http://www.pwc.com


MG ROVER: Cabinet Intent on Clinching Chinese Deal
--------------------------------------------------
The government is keen on saving crucial talks between MG Rover
and Shanghai Automotive Industrial Corporation in the run-up to
the general elections in May, according to The Guardian.

A spokesman for Patricia Hewitt, the trade and industry
secretary, said: "We are doing everything we can to ensure the
partnership goes ahead."

Under the plan, the Chinese company would invest in MG Rover to
refresh the British firm's outdated models.  Reports say SAIC is
ready to pour in up to GBP130 million, though an agreement is
yet to be reached.  In return, SAIC will gain ownership rights
to MG Rover's more advanced technology.  The Chinese are keen to
build up their own car industry and explore overseas markets.

But up until nine months after they announced their cooperation
plan, doubts still linger talks could fall through despite heavy
political backing.  Chancellor Gordon Brown visited China for
such purpose last month.

According to the report, SAIC is keen on identifying precisely
the financial liabilities involved in the venture.  MG Rover
insists the deal remains on track despite the complexity and
length of the process.

MG Rover is the last volume car manufacturer in Great Britain.
It now only employs just over 6,000, but its Longbridge plant
remains a national icon and a major employer in the region.
Keeping these jobs may also prove pivotal in the Labour Party's
bid to remain in power.  At present, Labour controls a marginal
but key number of seats in the region.

Whitehall sources say the government may make an announcement
later this week.


MILLER HAMILTON: Liquidator Takes over Operations
-------------------------------------------------
            IN THE MATTER OF THE INSOLVENCY ACT 1986

                               and

                 IN THE MATTER OF Miller Hamilton
             (Builders and Civil Engineers) Limited

Notice is hereby given that on March 11, 2005, I, Anne Buchanan,
PKF, 78 Carlton Place, Glasgow G5 9TH was appointed liquidator
of Miller Hamilton (Builders and Civil Engineers) Limited, which
registered office is located at Duncarron Industrial Estate,
Broad Street, Denny, Stirlingshire.

Anne Buchanan, Liquidator

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

          Anne Buchanan
          E-mail: anne.buchanan@uk.pkf.com
          Phone: 0141 418 1119
          Fax: 0141 429 1210


POINTCHOICE LIMITED: Members Decide to Wind up Firm
---------------------------------------------------
At the extraordinary general meeting of the members of
Pointchoice Limited on March 15, 2005 held at 33 Holborn, London
EC1N 2HT, the special and extraordinary resolutions to wind up
the company were passed.  Robin H. Davis of Lane Heywood Davis,
Anchor Brewhouse, 50 Shad Thames, Tower Bridge City, Tower
Bridge, London SE1 2YB has been appointed liquidator of the
company.

CONTACT:  LANE HEYWOOD DAVIS
          Anchor Brewhouse
          50 Shad Thames
          Tower Bridge City
          Tower Bridge
          London SE1 2YB
          Phone: 020 7403 4403
          Fax: 020 7357 6357
          E-mail: robin@laneheywooddavis.co.uk


PYRAMID CHEMIST: Members Call in Liquidator from Lane Heywood
-------------------------------------------------------------
At the extraordinary general meeting of the members of Pyramid
Chemist Limited on March 15, 2005 held at 33 Holborn, London
EC1N 2HT, the special and extraordinary resolutions to wind up
the company were passed.  Robin H. Davis of Lane Heywood Davis,
Anchor Brewhouse, 50 Shad Thames, Tower Bridge City, Tower
Bridge, London SE1 2YB has been appointed liquidator of the
company.

CONTACT:  LANE HEYWOOD DAVIS
          Anchor Brewhouse
          50 Shad Thames
          Tower Bridge City
          Tower Bridge
          London SE1 2YB
          Phone: 020 7403 4403
          Fax: 020 7357 6357
          E-mail: robin@laneheywooddavis.co.uk


RIVERBANK LEASING: Appoints Ernst & Young Liquidator
----------------------------------------------------
At the general meeting of Riverbank Leasing 2 Limited (formerly
Enskilda Leasing (2004) Limited), the special resolutions to
wind up the company were passed.  Elizabeth Anne Bingham and
Michael David Rollings of Ernst & Young LLP, 1 More London
Place, London SE1 2AF have been appointed liquidators of the
company.

CONTACT:  ERNST & YOUNG LLP
          1 More London Place
          London SE1 2AF
          Phone: +44 [0] 20 7951 2000
          Fax:   +44 [0] 20 7951 1345
          Web site: http://www.ey.com


R.J.W 100: Names Joint Administrators from Thompson Partnership
---------------------------------------------------------------
Andrew W. Thompson (IP No 5807) and Daniel P. Hennessy (IP Nos
5807, 1388) have been appointed joint administrators for R.J.W
100 Limited.  The appointment was made Feb. 18, 2005.  The shop
sells footwear and leather goods.

CONTACT:  THE THOMPSON PARTNERSHIP
          Square Root Business Centre
          102 Windmill Road
          Croydon
          Surrey CR0 2XQ
          Phone: 020 8665 4284
          Fax: 020 8665 4201


STODDARD INTERNATIONAL: Creditors to Meet Today
-----------------------------------------------
            IN THE MATTER OF THE INSOLVENCY ACT 1986

                               and

           IN THE MATTER OF Stoddard International Plc
                         (In Receivership)

Notice is hereby given pursuant to section 67(2) of the
Insolvency Act 1986 that a Meeting of the Creditors of Stoddard
International Plc will be held at Park Hotel, Rugby Park,
Kilmarnock KA1 2DP, on March 31, 2005, at 10:30 a.m. for the
purpose of having laid before it the Joint Receivers' Report.
Pursuant to section 68(1) of the said Act, the Meeting may, if
it thinks fit, establish a Creditors' Committee to exercise the
functions conferred on Creditors' Committees by or under the
Act.

Creditors are entitled to attend in person or alternatively by
proxy.  A Creditor may vote only if his claim has been submitted
to me and that claim has been accepted in whole or in part.  A
Resolution will be passed only if a majority of those voting in
person or by proxy vote in favor.  Proxies and claims must be
lodged with me at or before the Meeting.

C. P. Dempster and T. M. Burton, Joint Receivers

March 11, 2005

CONTACT:  ERNST & YOUNG LLP
          George House
          50 George Square
          Glasgow G2 1RR
          Phone: +44 [0] 141 626 5000
          Fax: +44 [0] 141 626 5001
          Web site: http://www.ey.com

          Thomas Merchant Burton
          E-mail: tburton@uk.ey.com
          Phone: 0141 626 5000
          Fax: 0141 626 5003

          C. P. Dempster
          E-mail: cdempster@uk.ey.com
          Phone: 020 7438 3000
          Fax: 020 7438 3771


TNG TELCOM: Liquidation Report Out May
--------------------------------------
            IN THE MATTER OF THE INSOLVENCY ACT 1986

                               and

              IN THE MATTER OF TNG Telcom Limited
                         (In Liquidation)

Notice is hereby given, pursuant to section 106 of the
Insolvency Act 1986, that a final meeting of the members and
creditors of TNG Telcom Limited will be held within the offices
of James Macintyre & Co., Chartered Accountants, Dundas Business
Centre, 38/40 New City Road, Glasgow G4 9JT on May 3, 2005 at
11:30 a.m. and 12:00 noon respectively for the purpose of
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, and also of determining the
manner in which the books, accounts and documents of the company
and of the Liquidator shall be disposed of.

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 of those voting in favor of it.
Attendance at these meeting is not mandatory; and, to be valid
for voting purposes the form of proxy must be lodged with me at
Dundas Business Centre, 38/40 New City Road, Glasgow G4 9JT at
or before the meeting at which it is to be used.

J. D. C. Macintyre, Liquidator
March 11, 2005

CONTACT:  JAMES MACINTYRE & CO.
          Dundas Business Centre
          38/40 New City Road
          Glasgow G4 9JT

          James David Cockburn Macintyre
          E-mail: enquiries@jamesmacintyre.co.uk
          Phone: 0141 353 0449
          Fax: 0141 353 2332


UK COAL: Appoints Financial Adviser
-----------------------------------
The Board of U.K. Coal plc appointed with immediate effect
Dresdner Kleinwort Wasserstein Limited as financial adviser and
corporate broker to the Company.

                            *   *   *

Early in the month, U.K. Coal reported on its preliminary
audited results for the year ended December 31, 2004 operating
loss from continuing operations before exceptional of GBP28.7
million (2003: Loss GBP1.8 million).  Loss before tax was
GBP51.6 million (2003: Loss GBP1.2 million).

Its chairman said: "2004 has proved to be a difficult year for
our deep mines, which suffered from geological problems,
industrial action and poor operational performance.  The results
have been disappointing."

"Following the losses and cash outflow in 2004, and after taking
into consideration future plans, the Board has concluded that it
is in the best interests of shareholders to pay a reduced
dividend, retaining cash within the business."

CONTACT:  GAVIN ANDERSON & COMPANY
          Ken Cronin
          Phone: 020 7554 1400


YORK PLACE: Liquidator to Present Report Mid-April
--------------------------------------------------
            IN THE MATTER OF THE INSOLVENCY ACT 1986

                               and

          IN THE MATTER OF York Place (No. 261) Limited

Notice is hereby given, pursuant to section 94 of the Insolvency
Act 1986, that a Final General Meeting of the Members of York
Place (No. 261) Limited will be held on April 15, 2005, at KPMG
LLP, 8 Salisbury Square, London EC4Y 8BB, for the purposes of
receiving an account showing the manner in which the winding-up
has been conducted and the property of the Company disposed of,
and of hearing any explanation which may be given by the Joint
Liquidators.

Proxy forms, if applicable, must be lodged at KPMG LLP,
Corporate Recovery, 8 Salisbury Square, London EC4Y 8BB or
through fax, +44 (0) 20 7694 3533, not later than April 14,
2005, 12:00 noon.

Stephen Treharne, Joint Liquidator
March 9, 2005

CONTACT:  KPMG LLP
          8 Salisbury Square
          London EC4Y 8BB
          Phone: (020) 7311 1000
          Fax: (020) 7311 3311
          Web site: http://www.kpmg.co.uk

          Stephen Treharne
          E-mail: steve.treharne@kpmg.co.uk
          Phone: 020 7311 1000
          Fax: 020 7311 3607


                            *********


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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Maryland USA.  Larri-Nil Veloso, Ma. Cristina Canson,
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