THE APPLIANCE RECYCLING COMPANY LIMITED

At an Extraordinary General Meeting of the Members of the above-named Company, duly convened, and held at The Lion Hotel, Bridge Street, Belper, Derbyshire DE56 1AX, on 28 April 2005, the following Resolutions were duly passed, as an Extraordinary Resolution and as an Ordinary Resolution 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 Andrew W Thompson and Daniel P Hennessy, of The Thompson Partnership, 30 Derby Street, Ormskirk, Lancashire L39 2BY, be and they are hereby appointed Joint Liquidators for the purposes of such winding-up.” At a subsequent Meeting of Creditors held later that day and at the same venue the above Resolutions were also approved. D K Hill, Director