J W YOUNG & PARTNER LIMITED

At an Extraordinary General Meeting of the Members of the above-named Company, duly convened, and held at Suite 204, Queens Court, Newport Road, Middlesbrough, Cleveland TS1 5EH, on 4th February 1998, the following Resolutions were duly passed as an Extraordinary Resolution and as an Ordinary Resolution respectively:   “That it has been proved to the satisfaction of this Meeting that the Company cannot, by reason of its liabilities, continue its business, and that it is advisable to wind up the same, and accordingly that the Company be wound up voluntarily, and that William Paxton, of Thomas Paxton, Exchange Buildings, 66 Church Street, Hartlepool TS24 7DN and Ian Brown, of Deloitte & Touche, 34-40 Grey Street, Newcastle upon Tyne NE1 6EA, be and are hereby appointed Joint Liquidators of the Company.” D. W. Young, Chairman