Members’ Voluntary Winding-up

Resolutions for Winding-up

C.G. HOTELS LIMITED

CASSERLY HOTELS (BAYSWATER)

SOUTHERDALE TRADERS LTD.

LILYRYE

PROPERTY AND INDUSTRIAL INVESTMENTS

LODGEGATE PROPERTIES

CLEVELAND SQUARE DEVELOPMENT COMPANY

DORIAN HOTELS (HYDE PARK)

DERBYBRIDGE LTD.

TRIREST LIMITED

At an Extraordinary General Meeting of the Members of the above-named Companies, duly convened, and held at Gable House, 239 Regents Park Road, Finchley, London N3 3LF, on 4 April 2003, the following Special Resolution was duly passed: “That the Companies be wound up voluntarily, and that H J Sorsky be and is hereby appointed Liquidator for the purposes of such winding-ups.” P Casserly, Director