F&C PROPERTY INVESTMENTS LIMITED

(Company Number 00916355)

LONDON AND MANCHESTER PROPERTY ASSET MANAGEMENT LIMITED

(Company Number 01107263)

FP FUND MANAGERS LIMITED

(Company Number 02996209)

F&C PROPERTY LIMITED

(Company Number 02987287)

Registered office: 1 More London Place, London SE1 2AF

Pursuant to Section 288 of the Companies Act 2006 I, being a member of the companies who would, at the date of these resolutions, have been entitled to vote upon them as if they had been proposed at a general meeting at which I was present, vote as follows on the special and ordinary resolutions set out below

Special Resolution

"THAT the Companies be wound up voluntarily."

Ordinary Resolutions

"THAT Derek Neil Hyslop and Colin Peter Dempster of Ernst & Young LLP, Ten George Street, Edinburgh EH2 2DZ be and they are hereby appointed Joint Liquidators for the purposes of the winding up."

"THAT any act required or authorised to be done by the Joint Liquidators may be done by them jointly or by either of them acting alone."

"THAT the companies books and records be held by F&C Asset Management plc to the order of the Joint Liquidators until the expiry of twelve months after the date of dissolution of the companies, when they may be disposed of, unless notified otherwise by the (former) Joint Liquidators."

"THAT the remuneration of the Joint Liquidators be fixed on the basis of time properly given by them and their staff in attending to matters arising during the winding up of the Companies plus disbursements and VAT."

Special Resolutions

'THAT the Joint Liquidators be authorised to divide all or such part of the assets of the Companies in specie as they shall think fit amongst the members of the Companies."

Office Holder Details: Derek Neil Hyslop and Colin Peter Dempster (IP numbers 9970 and 8908) of Ernst & Young LLP, Ten George Street, Edinburgh EH2 2DZ. Date of Appointment: 27 July 2017. Further information about these cases is available from Gregoire Rey at the offices of Ernst & Young LLP on 0131 777 2341.

Fergus Iain McDonald , Director

Dated 27 July 2017