CAPITAL AND INCOME TRUST PLC

At an Extraordinary General Meeting of the above-named Company, duly convened, and held at Union House, Union Street, St. Helier, Jersey JE2 3RF, on 28th May 1999, at 4.45 p.m., the following Resolutions were duly passed, as a Special Resolution and as an Ordinary Resolution respectively: “That the Company be wound up voluntarily, and that Kenneth Stephen Chalk, of Stonecutter Court, 1 Stonecutter Street, London EC4A 4TR, be and is hereby appointed Liquidator of the Company.” Chairman