Andrew Reeves' Property Ventures 1 - 5 PLC Share Application

How to fill in your application form

Before making any application to acquire Ordinary Shares, you are recommended to consult an independent adviser authorised under the Financial Services and Markets Act 2000.

The following instructions should be read in conjunction with the Application Form and the terms and conditions of application set out in this document.

The Application Form

Applications for Offer Shares must be for a minimum of 30,000 Ordinary Shares and thereafter in multiples of 10,000 Ordinary Shares.

1. Insert in Box 1 (in figures) the number of Ordinary Shares for which you are applying.

2. Insert in Box 2 (in figures) the amount of your cheque or banker's draft.

3. Insert your full name and address in BLOCK CAPITALS in Box 3.

4. Sign and date the Application Form in Box 4.

The Application Form may be signed by another person on your behalf if that person is duly authorised to do so, but the power(s) of attorney (or copy(ies) thereof duly certified by a solicitor) or form(s) of authority must be enclosed for inspection.

A corporation should sign under the hand of a duly authorised official whose representative capacity must be stated.

5. You must attach a single cheque or banker's draft to your completed Application Form. Your cheque or banker's draft must be payable to "SLC Registrars Ltd A/C Andrew Reeves" for the amount payable on application (inserted in Box 2) and should be crossed "A/C payee only".

A separate cheque or banker's draft must accompany each application. No other method of payment is acceptable. No receipt will be issued for this payment.

Your cheque or banker's draft must be drawn in Sterling and bear a UK bank sorting code in the top right-hand corner.