J W FAWCETT & SONS LIMITED

At an Extraordinary General Meeting of the above-named Company, duly convened, and held at Taylor Rowlands, 8 High Street, Yarm, Stockton on Tees TS15 9AE, on Tuesday 29 July 2003, the following subjoined Extraordinary Resolution was duly passed: “That it has been proved to the satifaction of this Meeting that the Company cannot, by reason of its liabilities, continue its business and that it is advisable to wind up the same, and accordingly that the Company be wound up voluntarily, and that John Harvey Madden, of Taylor Rowlands be appointed Liquidator for the purpose of such winding-up.” P A Lloyd, Chairman