Resolution for Winding-Up

Company Number: SC125701

Registered in England

The Insolvency Act 1986

Resolution of

PIPETRONIX UK LIMITED

Passed: 4 January 2005

At an Extraordinary General Meeting of the above-named Company, convened and held at The Arena, Downshire Way, Bracknell, Berkshire RG12 1PU, on 4 January 2005, at 11.50 am, the following was passed: as a Special Resolution

1.  That the Company be wound up voluntarily, and that John Twizell, of Geoffrey Martin & Co, St James’s House, 28 Park Place, Leeds LS1 2SP, be appointed Liquidator of the Company for the purposes of the voluntary winding-up.

Alyson Clark, Chairman