TRACS SUPPLIES LIMITED

At an Extraordinary General Meeting of the above-named Company, duly convened and held at 11 a.m., on 16th November 1998, at The Thatched House Hotel, 135 Cheam Road, Sutton, Surrey SM1 2BN, the subjoined Extraordinary and Ordinary Resolutions were 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 to wind up the same, and accordingly that the Company be wound up accordingly, and that Martin C. Armstrong, of Turpin, Barker & Armstrong, Allen House, 1 Westmead Road, Sutton, Surrey SM1 4LA, and Nigel Steven Hill, of PricewaterhouseCoopers, Plumtree Court, London EC4A 4HT, are hereby appointed Liquidators for the purpose of such winding-up.” M. Mamudi, Chairman