Appointment of Administrators

In the High Court of Justice (Chancery Division)

Birmingham District Registry No 4918 of 2007

FLOW SYSTEM TECHNOLOGIES LIMITED

(Company Number 04628099)

Nature of Business: Manufacture of Taps and Valves.

Registered Office of Company: 5th Floor, Beaumont House, Beaumont Road, Banbury, Oxfordshire OX16 1RH.

Date of Appointment: 1 August 2007.

Joint Administrators' Names and Address: M T Coyne and M D Hardy (IP Nos 6575 and 1453), both of Poppleton & Appleby, 35 Ludgate Hill, Birmingham B3 1EH.