KIFU LIMITED

By written Resolution of all of the Members of the above-named Company, the following Resolutions were duly passed, on 22nd January 2001, as an Extraordinary Resolution and as an Ordinary Resolution respectively: “That it has been proved to the satisfaction of the Members 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 John Kelmanson, be and he is hereby appointed Liquidator for the purposes of such winding-up.” G. Peters