BANNER HOMES HOLDINGS LIMITED

BANNER NEW HOMES 1 LIMITED

BANNER NEW HOMES 2 LIMITED

BANNER NEW HOMES 3 LIMITED

BANNER NEW HOMES 4 LIMITED

At an Extraordinary General Meeting of the above-named Companies, duly convened, and held at 8 Baker Street, London W1U 3LL, on 30th March 2001, the subjoined Special Resolution was duly passed: “That the Companies be wound up voluntarily, and that Raymond Hocking and Simon James Michaels, of BDO Stoy Hayward, 8 Baker Street, London W1U 3LL, be and are hereby appointed Joint Liquidators for the purposes of such winding-up, and are to act jointly and severally.” R. G. Werth, Chairman