Resolution for Winding-Up

Extraordinary Resolution

Company Number: 144999

Clansman Monarch Limited

Passed the 24th day of October 2003

At an Extraordinary General Meeting of the Members of the above-named Company, duly convened and held at 29 York Place, Edinburgh on the 24th day of October 2003, the following Extraordinary Resolution was duly passed:

“That it has been proved to the satisfaction of this Meeting that the Company cannot, by reason of its liabilities, continue its business and it is advisable to wind-up the same, and accordingly that the Company be wound up voluntarily, and that Gordon Allan Mart Simmonds of Simmonds & Company, The Pentagon Centre, Washington Street, Glasgow, G3 8AZ be and is hereby nominated Liquidator for the purposes of the winding-up”.

Derek Mair, Director