Sue Pearson

Crown have received official written confirmation directly from the Banco do
Brasil ("the Bank") of Crown's legal and beneficial ownership of the dollar term
deposits held in the name of the Company. The amounts held on 30th June 2005
were US$659.6m (#383.5m). The deposits are earning interest at 7.5% p.a. and are
free of all charges and liens.
RNS 0318P, 19 July 2005

Confirmation has been received that the cash deposits acquired from Crown
Pharmaceuticals Limited (US$294m) have been successfully transferred to a
Langbar International head office account of ABN Amro BV in Holland, and has
been admitted to the Euroclear and DTCC platforms (with the corresponding ISIN
and CUSIP numbers). The interest rate on these deposits has been agreed at 3.5%
p.a..
RNS 8634Q, 6 September 2005

Kroll has reported to the Board that, following its initial investigations, it
appears likely that the Company has been subject to a serious fraud affecting
the relevant assets. Kroll has not been able to establish the existence of, nor
verify the Company's entitlement to, any of the relevant assets at any time in
the Company's history.
RNS 6676U, 25 November 2005

This thread was established to consider all aspects of instituting proceedings against Messrs Pearson and Woods for negligence in issuing the first two RNSs above mentioned: prospects of success, costs, relationship with LAG activities, level of interest in joining such proceedings.

It is not concerned with blame, morality or the financial system as a whole, but solely with the concrete prospects of a recovery from a specific source.