STONEWOOD RESTAURANTS LIMITED

At an Extraordinary General Meeting of the above-named Company held at St. Nicholas Place, Liverpool L3 1QJ, on 20th May 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 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 Robert Young and Michael Horrocks, of PricewaterhouseCoopers, 8 Princes Parade, St. Nicholas Place, Liverpool L3 1QJ, be and are hereby appointed Joint Liquidators of the Company for the purposes 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.” At a Meeting of Creditors held on 20th May 1999, the Creditors confirmed the appointment of Robert Young and Michael Horrocks as Joint Liquidators and that anything required or authorised to be done by the Joint Liquidators be done by both or either of them. P. Wood, Chairman