BARCOLT LIMITED

At an Extraordinary General Meeting of the above-named Company, duly covnened, and held at 4th Floor, Dominions House North, Dominions Arcade, Queen Street, Cardiff CF1 4AR, on Thursday, 4th March 1999, the following Resolutions were duly passed, as an Extraordinary Resolution and as an Ordinary Resolution respectively: That it has been proved to the satisfaction of the Company that this Company cannot, by reason of its liabilities, continue its business, and that it is advisable that the same should be wound up, and that the Company be wound up accordingly, and that Wilfred Vaughan Jones, of B N Jackson Norton, 4th Floor, Dominions House North, Dominions Arcade, Queen Street, Cardiff CF1 4AR, be and is hereby appointed Liquidator of the Company for the purposes of such winding-up.” L. Bertelli, Director and Chairman