Resolution for Winding-Up

The Insolvency Act 1986

Company Limited by Shares

Special Resolution

CLOVEBROOK LIMITED

Trading as Ecosse Fine Art

At an Extra-Ordinary General Meeting of the above named Company, duly convened, and held within the offices of PKF (UK) LLP, 78 Carlton Place, Glasgow G5 9TH, on 28 August 2008, the subjoined Special Resolution was duly passed:

Resolution:

“That the Company cannot, by reason of its liabilities, continue to carry on business and that Anne Buchanan, PKF (UK) LLP, 78 Carlton Place, Glasgow G5 9TH, be appointed Liquidator of the Company.”

Paul Shafar, Director