RICHARD EASTMOND LIMITED

At an Extraordinary General Meeting of the above-named Company, duly convened, and held at Roman House, 296 Golders Green Road, London NW11 9PT, on 17th 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 the Company that this Company cannot, by reason of its liabilities, continue its business, and that it is desirable that the same should be wound up and that the Company be wound up accordingly, and that David Grant Sinclair, of Sinclair Silverman, Roman House, 296 Golders Green Road, London NW11 9PT, be and is hereby appointed Liquidator of the Company for the purposes of such winding-up.” R. How, Director and Chairman