EURO TRAVELLERS CHEQUE ECU LIMITED

At an Extraordinary General Meeting of the above-named Company, duly convened, and held at Thorpe Wood, Peterborough, Cambridgeshire, on 22nd December 1998, the following Resolutions were duly passed, as a Special Resolution and as Ordinary Resolutions respectively: “That the Company be wound up voluntarily, and that Robin Michael Addy and David Robert Wilton of PricewaterhouseCoopers, Abacus House, Castle Park, Cambridge CB3 0AN be and are hereby appointed Joint Liquidators of the Company for the purpose of its voluntary winding-up, and that anything required or authorised to be done by the Joint Liquidators be done by both or either of them, and that the Liquidators’ remuneration shall be fixed by reference to the time properly given by the Liquidators and their staff in attending to matters arising in the winding-up, including those falling outside their statutory duties undertaken at the request of Members, provided that such remuneration shall not exceed £4,000 plus VAT.” Chairman