CRESSTALE LIMITED

At an adjourned Extraordinary General Meeting of the above Company held at 8 Normanby Hall Park, Middlesbrough, Cleveland TS6 0SX, on 29th November 1999, the following Resolutions were passed, as an Extraordinary Resolution and as 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 D. N. Wilson and G. I. Rankin, of PricewaterhouseCoopers, 89 Sandyford Road, Newcastle upon Tyne NE99 1PL, be and are hereby appointed Joint Liquidators of the Company for the purpose of its voluntary winding-up.” 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 9th November 1999 the Creditors had resolved that D. N. Wilson and G. I. Rankin, be appointed as Joint Liquidators, such appointment to take effect upon the passing of a winding-up Resolution by the Members. P. Minto, Chairman