SIMART SYSTEMS LIMITED

At an Extraordinary General Meeting of the above Company, held at 31 Great George Street, Bristol BS1 5QD, on 25th February 1999, the following Resolutions were passed as an Extraordinary Resolution and as Ordinary Resolutions 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 accordingly that the Company be wound up voluntarily, and that A. H. Beckingham, and D. R. Wilton, of PricewaterhouseCoopers, 31 Great George Street, Bristol BS1 5QD, be and are hereby appionted 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.” S. D. Bartlett, Chairman