Resolution for Winding-Up

The Companies Act 1985

The Insolvency Act 1986

LEEP RESOURCES LIMITED

At an Extraordinary General Meeting of the Members of above company, duly convened and held at 36 Newhaven Road, Edinburgh EH6 5PY on 6th November 2002, the following Extraordinary Resolution was duly passed:

“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 it is advisable to wind up same and, accordingly, that the Company be wound up voluntarily.”

Ian Perry, Chairman

6th November 2002