Update from Tenon

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Mandeep

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Jun 4, 2008, 12:07:28 PM6/4/08
to Townfield Land Investment
Hello all,

Martin Madgwick is the contact @ Tenon
Telephone number is 0191 511 5000
It is quite difficult to get hold of him by phone but i was advised to
e-mail him instead using the address - Martin....@tenongroup.com

I sent him an email with a few questions and he replied:

1. I have been in contact with other plot holders and we are confused
as to why our investment is being referred to as debt, could you
elaborate on this please?

Debt, this refers to what you have paid for the plot, i.e you are the
creditor

2.From your experience, how long does this process take?

Unable to say all liquidations take different times.

3.What kind of money return, if any, can we expect?

At this stage no prospect of a dividend.

4.What happens if we don't send the requested proxy and proof of debt
forms?

Your claim has not been registered in the liquidation.


Hope this has answered some of the questions, and it seems the best
way to contact him via email

Best Regards

Mandeep Banga
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