CLOTHING CITY LTD

At an Extraordinary General Meeting of the above-named Company, duly convened, and held at 295 Whitechapel Road, London E1 1BY, on 11th July 2000, the following Extraordinary Resolutions were duly passed: “That it has been proved to the satisfaction of this Meeting that the Company cannot, by reason of its liabilites, continue its business, and that it is advisable to wind up the same, and that accordingly the Company be wound up voluntarily, and that Martin Pocock, of Martin Davis, 295 Whitechapel Road, London E1 1BY, be and he is hereby nominated Liquidator for the purpose of winding-up the Company’s affairs and distributing its assets.” T. Harradine, Chairman