PwC

Directors' Report Oct 9 2008 to July 15 2009

Joint Deemed Official Receivers’ and Joint Liquidators’ report for the period from 9 October 2008 to 15 July 2009 (Taken from Bank website)

Please find attached the above named report.

We would like to draw attention to the following paragraphs:-

DST Correspondence With PWC and Cains 02/07/09 - 10/07/09

-------- Original Message 1 --------
Subject: our telephone conversation today
Date: Thu, 02 Jul 2009 22:30:50 +0100
To: alison.m.tomb

Alison,

Important inter-party correspondence, in date order. The third and fourth parts of this correspondence are attached pdf files.

Important inter-party correspondence, in date order. The third and fourth parts of this correspondence are attached pdf files.

(1)

-------- Original Message --------
Subject: KSFIoM [EDWIN COE LLP-MAIN.FID211622]
Date: Wed, 13 May 2009 15:09:53 +0100
From: David Greene
To: mike.simps​on

Dear Mr Simpson

A number of points in advance of the meeting next Tuesday.

Mike Simpson Correspondence to Edwin Coe 14/05/09

Dear Mr Greene,

KSFIOM

Thank you for your e-mail dated 13th May 2009. I have no objection to you
writing to me direct, although I would be grateful if you would copy your
letters to Seth Caine.

Dealing with the points raised in your e-mail, I would respond as follows,
using your paragraph numbering for ease of reference:-

  1. I have now received the proxies. Thank you.

Correspondence from Cains (Advocate for PWC) 08/05/09 to Edwin Coe

Dear Mr Greene

We refer to your email addressed to Mike Simpson which refers to your
discussions yesterday and raises two points which you state are worth
repeating. Mr Simpson has asked us to respond, which we do below using
your numbering:-

  1. Your comments in relation to the potential effect of the Scheme of

Edwin Coe Correspondence to Mr Caine of Cains Solicitors 6th May 2009

Dear Mr Caine

Thank you for your note and the documents. We would indeed be pleased to have a meeting today but it would have to be by telephone with DAG committee members [--redacted--] and myself. I can provide conference call facilities. On this notice the three of us can only do at or after 4.30 p.m. today and I hope that fits.

IMPORTANT

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