U-PACK (INTERNATIONAL) LIMITED

At an Extraordinary General Meeting of the Members of the above-named Company, duly convened, and held at 1 Fairview Court, 119 Fairview Road, Cheltenham GL52 2EX, on 5th January 2001, at 10.45 a.m., the following Extraordinary Resolution was duly passed: “That the Company cannot, by reason of its liabilities, continue its business, and that it is advisable to wind up the Company, and accordingly that the Company be wound up voluntarily, and that Alisdair Findlay, of Findlay James, 1 Fairview Court, 119 Fairview Road, Cheltenham GL52 2EX, is hereby appointed as Liquidator of the Company for the purposes of the voluntary winding-up.” At the subsequent Meeting of Creditors held at the same place on the same day, the Voluntary Liquidation was confirmed by the Creditors that Freddy Khalastchi, of Harris Lipman, 2 Mountview Court, 310 Friern Barnet Lane, Whetstone, London N20 0YZ, was appointed Liquidator of the Company for the purposes of the voluntary winding-up. R. Gardiner, Chairman