KEEGAN BROS LIMITED

At an Extraordinary General Meeting of the above-named Company, duly convened, and held at Stephenson Armstrong & Company, 70 Jesmond Road West, Newcastle NE2 4QD, on 22nd December 1999, the following Extraordinary Resolution was duly passed: “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 Anthony John Sleight, of Smith & Williamson, 92 Micklegate, York YO1 6JX, be and he is hereby appointed Liquidator for the purposes of such winding-up.” Chairman