NEWTON SCOTLAND LIMITED

Trading as Newton Developments

Company No. 189471

Written resolutions pursuant to Section 381A of the Companies Act 1985 (as amended) (The “Act”)

Passed on 6th March 2003

We, the undersigned members of the Company, being members who, at the date hereof are entitled to vote at a general meeting of the Company, hereby waive the notice period required by the Companies Act 1985, resolve as follows:

As an extraordinary resolution:

1.	That, the company cannot by reason of its liabilities continue its business and that it is advisable to wind up in terms of the Statement of Affairs of the Company dated 6th March 2003, the Company is unable to pay its debts in terms of Section 123 of the Insolvency Act 1986 (the “1986” Act).
As an ordinary resolution:
2.	That, in view of the foregoing, Cameron K. Russell of William Duncan & Co., 104 Quarry Street, Hamilton, ML3 7AX, be appointed Liquidator by the Members with immediate effect.

Alan Forbes (also representing Beverley Forbes)