Global Edition

Oxfordshire creditors to meet

8.30am 20th May 2002 - Property

A meeting of the creditors of Nitto Albion PLC (in Administration) will be held at The Oxfordshire Golf Club on 29th May commencing at 11.00 am. Written statements of claim must be lodged with the administrator by 12 noon on 28th May ay Becket House, 1 Lambeth Palace Road, London SE1 7EU.

At the end of April the joint administrators of Nitto Albion Plc and Nitto (Oxfordshire) Limited  instructed HLL Humberts Leisure to offer the assets of The Oxfordshire Golf Club for sale with offers in excess of £6 million invited by 5.00 pm on Monday 27th May 2002. During this time the club has continued to run on a business as usual basis.

“There has been huge interest in The Oxfordshire, including interest from overseas,” said Ben Allen from Humberts Leisure. “The range of potential purchasers encompasses corporate golf operators who have identified the Club’s true trading potential and high net worth individuals seeking a trophy asset. This will be a fascinating marketing exercise with intense competition to secure what must be one of the finest golf clubs in the country.”

Further information from Ben Allen, Humberts Leisure 01962 835960

Humberts Leisure www.humberts-leisure.com

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