From the administrators' statement

Creditors should note that, unless otherwise stated, this section of the proposals has been prepared based on information provided by the Board of Directors ("the Board") of the Company and not from my personal knowledge as Administrator.

The Company was incorporated on 1 March 2006 with the objective of investing in or acquiring assets, businesses, or companies engaged in environmentally friendly pest control technologies and related sectors. The Company's geographical focus encompassed Europe, the Americas, and Asia.

The Company was able to raise funds through the issuance of shares and acquired three businesses: one in Switzerland and two in Sweden.

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Venteco PLC (05726238)

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