PAVILION GEARED RECOVERY TRUST PLC

Proposed Change of Name

A copy of the above document has been submitted to the UK Listing Authority and
is available for inspection at the UK Listing Authority's Document Viewing
Facility, which is situated at:

Financial Services Authority

25 The North Colonnade

Canary Wharf

London E14 5HS

Tel no: 020 7676 1000



END
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