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KISARIKA, MALIMI & MLOLA (ADVOCATES)

SCANDINAVIAN EXPRESS SERVICES LIMITED
(UNDER RECEIVERSHIP)

NOTICE OF APPOINTMENT OF
JOINT RECEIVERS/MANAGERS

A: NOTICE is hereby given to the general public that we, SILVANUI BENEDICT MLOLA and SENI SONGWE MALIMI of KISARIKA, MALIMI & MLOLA (ADVOCATES) were on 26th May, 2009 appointed by NATIONAL BANK OF COMMERCE LIMITED to be Joint Receivers/Managers of all the assets o SCANDINAVIAN EXPRESS SERVICES LIMITED (hereinafter referred to as “the Company”), charged under the Debenture Instrument (hereinafter referred to as “Debenture”) dated l4 May, 2001. Consequent to that, ownership of the Company’s assets now vests in us. We are in the process of taking over physical possession on 3 June, 2009.

B: We further notify the general public and the employees of the Company as follows:-

(a) With effect from the publication of this Notice, no person is allowed to do transactions of whatever nature with the Company except through the Joint Receivers/Managers via the address shown below and through the Company’s address in Dar es Salaam.

(b) This Notice does not terminate any contract of employment between the Company and its employees and all employees of the Company should continue with their duties until notified otherwise.

(c) All creditors of the Company, both secured and unsecured, are required to submit to us particulars of their claims supported fully by documents, so that such claims are received by us not later than 12.00 noon on 3’Pt June, 2009. No further claims will be allowed beyond that date.

(d) All persons, corporate or natural, who hold any property of the Company, must notify us in writing to enable us take possession of such property.

C: This Notice is also a formal announcement that the Company’s assets and business are being offered for sale. An Information Memorandum is under preparation and will be made available in hard and soft form to all interested buyers, together with buying instructions.

SILVANUS BENEDICT MLOLA
AND
SENI SONGWE MALIMI
JOINT RECEIVERSIMANAGERS,
SCANDINAVIAN EXPRESS SERVICES LIMITED
C/O KISARIKA, MALIMI & MLOLA (ADVOCATES)
3RD FLOOR, ELITE CITY BUILDING,
CORNER OF SAMORA AVENUE/MOROGORO ROAD,
P.O. BOX 71394, DAR ES SALAAM.

TEL: +255 22 213361612133619; FAX: +255 22 2133615
Email: info@kmadvocates.com
smIolacäkmadvocates.com & malimlCkmadvocates.com