PLANNED EQUIPMENT LIMITED

At an Extraordinary General Meeting of the above-named Company, duly convened, and held at No. 1 Riding House Street, London W1A 3AS, on 2nd February 1998, the following Extraordinary Resolution was duly passed:   “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 Iain John Allan, of Smith & Williamson, No. 1 Riding House Street, London W1A 3AS, be and is hereby appointed Liquidator for the purposes of such winding up.”   At a subsequent Meeting of Creditors, duly convened pursuant to section 98 of the Insolvency Act 1986, and held on 2nd February 1998, the appointment of Iain John Allan as Liquidator was confirmed. P. G. Willliams, Chairman