FLYING SCOTSMAN RAILWAYS LIMITED

(Company Number 03113805) At an Extraordinary General Meeting of the above-named Company, duly convened, and held at the offices of Daniel Stewart & Company, Becket House, 36 Old Jewry, London EC2R 8DD, on Monday 19 February 2007, 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 the Meeting that the Company cannot, by reason of its liabilities, continue its business, and that the Company be wound up voluntarily, and that Mark Reynolds, of Valentine & Co., 4 Dancastle Court, 14 Arcadia Avenue, London N3 2HS, be appointed Liquidator of the Company for the purposes of the voluntary winding-up.” P Shea, Chairman