WATERFRONT CONTRACTS LIMITED

At an Extraordinary General Meeting of the above-named Company, convened, and held at Lancaster House, 67 Newhall Street, Birmingham B3 1NG, on 23rd December 1999, at 10.30 a.m., the following Resolutions were passed, as an Extraordinary Resolution and as an Ordinary Resolution respectively: “That it has been proved to the satisfaction of the Meeting that the Company cannot, by reason of its liabilities, continue its business, and that the Company be wound up voluntarily, and that D. A. Taylor, of Mazars Neville Russell, of Lancaster House, 67 Newhall Street, Birmingham B3 1NG, be appointed as Liquidator of the Company for the purposes of the voluntary winding-up.” F. Lewin, Chairman