STEEL FORCE ENGINEERING LIMITED

Resolutions of an Extraordinary General Meeting of the Members of the above-named Company, held at The Stanneylands Hotel, Wilmslow, Cheshire, on 9 August 2002, at 10.00 am, passed the following Resolutions, as an Extraordinary Resolution and as an Ordinary Resolution respectively: “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 David Malcolm Walker and Malcolm Edward Fergusson of BKR Haines Watts, First Floor, Park House, Park Square West, Leeds LS1 2PS, be and they are hereby appointed Liquidators for the purposes of such winding-up and are to act jointly and severally.” At a subsequent Meeting of Creditors held at The Stanneylands Hotel, Wilmslow, Cheshire on 9 August 2002, at 10.30 am, the Creditors appointed David Thornhill of PricewaterhouseCoopers, 101 Barbirolli Square, Lower Mosley Street, Manchester M2 3PN, to act as Joint Liquidator with David Malcolm Walker in place of Malcolm Edward Fergusson. R J A Lunt, Chairman