REGAL SHOP INTERNATIONAL LIMITED

At an Extraordinary General Meeting of the Members of the above-named Company, duly convened, and held at 11 a.m., on 24th March 1998, the following Resolutions were duly passed, as an Extraordinary Resolution and as an Ordinary Resolution:   “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 that accordingly the Company be wound up voluntarily, and that J. R. D. Smith, of Deloitte & Touche, PO Box 810, Stonecutter Court, 1 Stonecutter Street, London EC4A 4TR, be and is hereby appointed Liquidator of the Company.” R. Whinfrey, Chairman