BATH ESTATES LIMITED

At an Extraordinary General Meeting of the above-named Company convened and held at 30 Gay Street, Bath BA1 2PA, on 24 July 2002, at 11.00 am, the following Extraordinary Resolution and Ordinary Resolution were passed 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 Colin Andrew Prescott of Moore Stephens, 1-2 Little King Street, Bristol BS1 4HW, be appointed Liquidator for the purpose of the voluntary winding-up”. E Bloor, Chairman