MAD RECORDS LIMITED

At an Extraordinary General Meeting of the above-named Company, duly convened, and held at The Wellington Hotel, Mount Ephraim, Tunbridge Wells, Kent TN4 8BU, on 2nd April 2001, at 11 a.m., 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 liabilities, 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 Charles Armstrong, of Turpin Barker & Armstrong, Allen House, 1 Westmead Road, Sutton, Surrey SM1 4LA, be appointed Liquidator of the Company.” F. Sergeant, Chairman