Keydata Investment Services Limited (in administration) ("KIS")

Creditors’ Committee meeting – 7/10/09

The first meeting of the KIS Creditors’ Committee meeting was held on 7 October 2009 at PwC’s offices at Plumtree Court, in London. Creditors’ Committee members and observers are as follows.

Members of the Creditors’ Committee

• Geoffrey Hartnell representing Vintage Financial Limited
• John Joseph representing John Joseph Financial Limited
• Jojo Thirasilpa representing Credit Suisse International
• Peter Magowan representing himself and the founder of Keydatavictims website
• Simon Chaplin representing HM Revenue and Customs

Observers of the Creditors’ Committee

• Bruce Hattersley representing himself and his family members
• Joanne Buglass representing the Financial Services Authority
• Mark Andersen and Cecile Chastre representing the Financial Services Compensation Scheme

The meeting comprised a report from the administrators on the progress of the administration to date and a thorough discussion amongst the attendees of the issues raised.  Due to extensive matters remaining to be discussed, the meeting was adjourned shortly after 3pm. The meeting will reconvene on Friday 23 October 2009.

Further information about the role, composition and functions of committees in formal insolvencies can be found in Statement of Insolvency Practice Number 15. This can be found on the website of R3, the Association of Business Recovery Professionals¹.

¹ PwC does not take responsibility for the content of any external website. The inclusion of a link to an external website from the PwC Keydata website should not be understood to be an endorsement of that website or the site's owners.