Exhibits to First Witness Statement SCL Master p67 77

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Emeriata Group of Companies

‘Wotes 10 Estimated Gompanigon Statement ws al 30 Apri 2048

Gonerat

8s indiested ie he Winees Statement of cular ‘Wreatlard some =f the Gra p's fle
Bervers and luplops wsrn camaved 27 122 fofonig a kagalione and resin coverage
relating te Cemondge Analvica, sn ascoo'san oomany ihe mlomaton hale 1 Me

Homeuters’ removed ricluded aeeaurting infrrmation Wich sas vet hed or remaining
fle serves, lapiops of lad 2opivs ruined. In ese sreumslancas # has proved
ovessany te ufise nerain afonrat peasenven Uy ine Graap as at 81 Deverrber 2017
in fy ecnsoleated craft anageine'n accvanls. Tha ‘nlgreation provized wows r:!
Provide a dawiled sreakern uf onlin oulasee wilrin ike belerce sheets fc nck Je
group salar es.

2. The Grasp nas arovided up-tc-deze cath recon laos, subdues of rade creators a6
cblors ane mesa ra reflected i the ustinates car-perison statement

Estimated comparison statement ae at 30 Apdll 2018

3. The eotmates eraparigor ate

lett has doen prepared an the follwing bass

+ nok vale (having repsrd 0 and 2 above.

«Eslimsiod 1 ralige bass ur. a1 Adminetratan scenario

+ Estimates realza 25 a UqJidaton scerurie assuring 2 Windrg-by Sy “ho
‘Spun preveduce.

4. In respect of he estat: to reali value shown in the Ad sishation and Lqudation
swonar 28, ro profese'o7al velualen ws bean eblined"h resent of Ia tangle 2952's
hon fer SCL Elestons Liited

No vertical =f the
retin he Iie avaiable,

cia nformation provi

by the Group Ieee rover possible

5. Summaries welow are the rates and ase.
slaiement

pucns made in the Estimated comparisor

SEL Group Lid

Javestment in subsiotaros

7 Tne investmenl in subsiciar eg related ly Slretegic Commerc Lazorslares 8 RAL ond
SSCL Insight Limilac For te pippasos of wi asi nated to recise value 17 Aeministravn
jane Lievicalon secnanics these nave bee” shewn as ursertnin at is

snvastmants in associates

8 A breskutwn ct the amoLee =f £159,096 hax rot een rovidad. Homer, th tod
‘nancies stalomonts 2s at 94 Dacembor 2118 had shorn that she mvvestmer ts: rl
SCL Strategic ited a doman compery and SCL Aratytios Limited. ora at Ihe
omnparics covered ay the itnee clalewent rd proposed Ackinitrapor

©. As STL Stacegi Lied is doris. ord SOL Analytics Linseed fe anwctzan, wo realinable

ue Het bres shove hon Adswnstaton aid Liquidation sonnet,

ep
Debtors — dividend

10. sre novia’ stelomcn fu the sear encod 31 Docemse 20°E there wus a sinoun!
shown ae bing dev of £97 800 recoivate hoin SCL Anewacs Linilen, This shown
‘the drat nanagemer -6’om-aln sharin at 31 Denemher 20:7 at stl outsionding,

uncer,

seveawy of SCL Anales usted any recisetion hes 2609 sae a

peviors - grous

19, ike “rae! slatement for the yest ended $M Decomts
Snow: 24 being tee te S09 tani linen FFE, 200 Ara
seas shen a8 a gf=sp Jeblor in Lie dra” mar agement oral
2¢3 ar aesuingion sas Deen mada, + the absonce of jtormalion lo ne eo"Prary at
rg felatos to SOL Ina.ght Lanted. ar an radmemstretian and “ievieatan evararse &
renisaton hes buch estiratee at 7o% and AUN value

Estimafed caste of Adorinistration and Liquidation

13. Tra eweAdministatien costs have Seen agreed of the instusting claxt Emardaia
Lnvi.od, Iie paren enpary to Ine Group Cunjpwies. These cows are rallac'ad! Wr the
‘esha @ Foor wilereen far ie Rdmrsiteon sesnaric

44, wot oossibe tu ariidipele eaetner any part of Zw Dusiness ea'1 be sud ex 3 geirg
‘corigem in is erraly oF pay aor Raosslbi tts stage to antepate any rwastgaive
veoh ne wy prove nzeseary

15. Tae post-Adinisratior costs are based subject fo“ above on me cozis nenessary
Fer dealing witt*he Acminisrate prosass trom commencement © carnpeticn,

6, The costs of kguidala are assuming @ witchag up by ths Cov aed Inca a fixe
for the Senselary of Slee £” £6.00 Offtial Reveve's "es isin foe of 1838 ard a
setae GiavibuL fee of 10%

47.7 petitioning and Caun enals ang depest are estimate! al £8,000.

Estimated autcome for ereitora in Administration and Liquidetion scenarios

10, The ost nated ovleone lor eveditere le-bal of Goth an Admniction and L guidatio

suvraru thare ere dkeltioed of # roan io crackers anlees tie Ad ier ie abla to
Il or pan ofthe business aesete av a gong cance:

SOL Analytics Limited

Dedtars - Group

14 Reforma is pride to 1 alowe No preakeown af the group 2alance of £44 289 12
available For Ine purtanes af ine statement any real satie Waa Fag geen Shown 36
cheer

Obectors foun

20 he sa -inarsiali-fornaten os et 3 Neoeber 2017 had sauun ar. ouisiandns low’
of $25,700 is not cesin which gi-estor this velalea fo acl an essimpton nas bees
ade tha: vl poe fy neevarazie I sll cutsianaine.

Estimated casts at Administration and Liquidation
2° Please rte ty comments fy SC. Grol Linked
2,

2,

2

2

at

x

Estimated outconne for creditors in Administretion and Liquidation scenarios
“The eo: lel eatoorhe for red he's the: en zeth an AdrinieLzlien and Ligon
seenera tnera is no ikeihood of a tur ta aradita-e aries the Adinkerater we able
fell al or pan ¢ the Rusiness assere 29 9 g21g conosn

SCL Commercial Limited

Teade debtors
‘Tha grmonnyhms trace aet:ore ct £222,972. 1 view 2’ the adverse riciia woverage ans
allegations nase regardvig Carabrcye Anafyls a nynber 0° blo belanaos are eis
Umihhele, Tre ealant of baaroae etrold is net kee unt Zotherinves'gatior wore
Catto Out end comcast ai the debro's mace,

or tre ourposae of mi
ard 80% have boon ma,

Iquidaror general prow ons et the xen of dO

Debtors - Group
Reference i maca 9 “t ebave No areaedann of te gre Ealaaoe of IRAE
‘ilabla, +2 lia wars08es of the staleren any rosleane valle has been shou 06
Uncettar

Employee entivanient
The amouis shane for ampeyee related clans ae ‘or Fclcay ray vedursancy
erlllemerts 6 ato payment in 24 of notices as oer contests 9 emp ¢ment

Estimated costs of Adninistration and Liquidation
Plepge rfer to commas (or SCL ious Lira,

Estimated outcome for creditors in Administration and Lieidation scenarios
Tie volinared auleune fe" owdliors © thet en hath an Adm nisraion anc 1 question
so tala vere is Small Inethace vf 5 return te eedors but this might 3e ankanced &
the Auoinasrate gale 0 ell #l or part oI Rishnass assets as.a gci'g e=cer,

SCL Social Limited.

Debtors - Group
Re'erence “rave to "| above. Ne ateakcowr. o the group palance o£ 358.482 is
Svalble for the sursoses ef the stalemerr any caplzable va Ja hae been snor 32
Unoedsie

Employae entitlements
The smours shova for amp yor elated
toil tomerts and alsa paywent ine of notice

ims. ae “or hokeay ay. redundancy
sper contracts of employe

Estimated coste of Atmminietrotion and Liquidation
Pious refer ts comments for SCL Group Lanse

Estimated outcome for creditors in Administratian anc Liquidstian scenarias
The estimated ovtoere fe" sredions iz imal on batt an Adkeinslralior ane Liu dation
seanarig “heer inne tka hoor cla return tg callers urls eA uausl ala abe #3
sl lor part of ho. siness auwele ae guryy GANG.
[SCL Elections Limited

Tengible aszote
Tha company has langibe assets canpicine Inlaras, tings ard computor equipment
sz fhe compelarequyment ar saan seined ns

thw net one vaya E1GR, “22, Som
the 0,

54. ln beln en Administration and Liquidator ils gensialy anliipaled trat these wenld

rapliza vslues of approximately AC's end 264% o" bouk wave roexectioly.

Rent deposit

28. The company cccugies leasoneld premings of BS New Onfors Str ender the terms of
2 4b jear aa6o onremearenng Zz Mine 2037 Theceapeary it ony 3 ors ive the“.
Of 2 kose and in an Administration and | quidetn searavn ts no: an‘dipsted Ma
ny “e2owety of lie ron depos al prove possible

Other debtor
“Trnsiane bresidnomin ‘tothe deblor lane: o1 £27587 shown a fe ciate sonia
intima ion ag a1 31 Dezeriter 2017 i those crours'ances 418 aot gosetole at ths
Hage l eutimate Pia aroun o a reallsallon a3 Administston 9 Lqwaaion scenaia
so the as beer shoom 3°

VAT receivable
rig othe dell marsyement Jnenciatintrmetion ae 8: 3° Desesiber 20°7 thore

is Vil secaverable of £236,889, Abveokdewn oftia stm wes net av
ee sas een received a wolff agaist suosequc fab es.

#8 Ine araunts shorn fo ompicyos weolec clowns ore for holiday pay, rartndoncy
allarton's er ese payment cu &€ neucee 6 per cans of employ

Landlord
‘38.9 inchoate if “36 above “De comnony 1259 ¥ yoars of a property leasa and thes bear
fasc.mon that ihe landlord vill t@ entitles to claen for tie umcxeicd par of tha vase

together wih ensls and possibly elapicalions, Ine amour ofF3,20, 27 mprece We rae
enerpired rata: only

stimatea costs of Administration end Liquidation
at Please reer to eseamarrs for SCL Grou Lite.

Estimated outcome for creditors fn Adminitration snd Liquidation soensrios
Tina eslinared autoeme for 20d fe that 07 ho} ga Admstralon and Liguetakon
oarufia “have late We hood aa return 9 credors unless the Adan slater at Io
seh al'cr pert of he musings aseets as 2 garg
QL
yo
~~ Forwarded messege ——-
Frome aul brrulouehisemeays cn

Date: 1May 20K ar TOPE D-00

Subjeet tte SCt

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Bast Regards
Pa

PeulBa vacloog Pelaiv yrs Diner | aaneon $33 Teor

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From: Bartaclongh, Paul: arcs Corporate
See )/ April 916 08-00

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