of what will likely be their final payment today.

The Royal Gazette has learned that the company's committee of inspection is expected to a declare a dividend which will disburse nearly all of the approximately $200 million in assets still held by the company.

A source close to the committee described the development as "a milestone'' in Mentor's history.

Mentor entered liquidation in 1985 with estimated liabilities of $800 million to $1.2 billion.

Liquidators Mr, Charles Kempe and Mr. Nigel Hamilton said last November that claims of almost $700 million had been admitted and they hoped to be able to pay creditors about 55 percent of their claims.

They said the company had approximately $191 million of remaining assets which they intended to pay out by the end of 1994. Some $80 million have already been paid out.