FOLIO CERAMICS LIMITED

At an Extraordinary General Meeting of the Members of the above-named Company, duly convened, and held at Abacus Court, 6 Minshull Street, Manchester M1 3ED, on 8th September 1998, the following Resolutions were duly passed as an Extraordinary Resolution and as Ordinary Resolutions respectively:   “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 M. Horrocks and S. A. Ellis, of Cork Gully, Abacus Court, 6 Minshull Street, Manchester M1 3ED, be and they are hereby appointed Joint Liquidators of the Company for the purpose of its voluntary winding-up, and that anything required or authorised to be done by the Joint Liquidators be done by both or either of them.” I. Harper, Chairman