BATA HOLDINGS LIMITED

At an Extraordinary General Meeting of the above-named Company, duly convened, and held at 138 Park Lane, Romford, Essex RM11 1BE, on 14th March 2001, the subjoined 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 K. B. Stout be and is hereby appointed Liquidator for the purposes of such winding-up.” P. Nicholls, Director