CIRENCESTER PROPERTIES IV PLC

At an Extraordinary General Meeting of the Members of the above-named Company, duly convened, and held at The Crown of Crucis Hotel, Ampney Crucis, Cirencester, on 11th January 1999, the following Special Resolution was duly passed: “That the Company be wound up voluntarily, and that Robert Stanley Gilderthorp, of Gilderthorp & Partners, 22 Paul Street, Shepton Mallet, Somerset BA4 5LA, be and he is hereby appointed Liquidator for the purposes of such winding-up.” G. Power, Director