RO-RAND INDUSTRIES LIMITED

At an Extraordinary General Meeting of the above-named Company, duly convened, and held at The Mundy Arms Hotel, Ashbourne Road, Mackworth Village, Derby DE22 4LZ, on 27th April 1999, the following Resolutions were passed, as an Extraordinary Resolution and as an Ordinary Resolution 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 that accordingly the Company be wound up voluntarily, and that Ronald Eric Speight and Roderick Graham Butcher, of Moore Stephens Booth White, Cornwall Buildings, 45 Newhall Street, Birmingham B3 3QR, be and are hereby appointed Joint Liquidators of the Company for the purpose of the voluntary winding-up.” At a Meeting of Creditors held on 27th April 1999, the Creditors confirmed the appointment of Ronald Eric Speight and Roderick Graham Butcher as Joint Liquidators and that anything required or authorised to be done by the Joint Liquidators be done by both or either of them. R. J. Johnson, Chairman