DOWNEIDER LIMITED

At an Extraordinary General Meeting of the Members of the above-named Company, duly convened, and held at The Forte Posthouse, Braunstone Lane East, Leicester LE3 2FW, on Monday, 29th June 1998, the following Extraordinary Resolution was duly passed:   “That it has been proved to the satisfaction 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 Kian Seng Tan, of K. S. Tan & Co., 10-12 New College Parade, Finchley Road, London NW3 5EP, and Paul Saxton, Elwell Watchorn & Boot, 109 Swan Street, Sileby, Leicester LE12 7NN, be and are hereby appointed as Joint Liquidators for the purpose of the winding-up.” L. J. Price, Director