CHAMPION CUP HOSPITALITY LIMITED

At an Extraordinary General Meeting of the above-named Company, duly convened, and held at the offices of Weston Kay, 73-75 Mortimer Street, London W1N 7TB, on 2nd July 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 that accordingly the Company be wound up voluntarily, and that J. H. L. Weston, of Weston Kay, 73-75 Mortimer Street, London W1N 7TB, and M. Cohen, of BDO Stoy Hayward, 8 Baker Street, London W1M 1DA, be and are hereby appointed Joint Liquidators of the Company.” S. Tonnesen, Chairman