FANORE LIMITED

At an Extraordinary General Meeting of the above-named Company, duly convened, and held at the offices of Geoffrey Pollard & Co., 5 Coldbath Square, London EC1R 5HL, on Thursday, 20th August 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 that the same should be wound up voluntarily, and that Geoffrey Pollard, of Geoffrey Pollard & Co., 5 Coldbath Square, London EC1R 5HL, be and he is hereby appointed Liquidator for the purpose of such winding-up.”   At a subsequent Meeting of Creditors, which was held at the offices of Geoffrey Pollard & Co., 5 Coldbath Square, London EC1R 5HL, on Thursday, 20th August 1998, at 12 midday, the voluntary Liquidation was confirmed with the appointment of Geoffrey Pollard, of Geoffrey Pollard & Co., 5 Coldbath Square, London EC1R 5HL. C. Birendelli, Chairman