PAYTRONIC LIMITED

At an Extraordinary General Meeting of the above-named Company, duly convened, and held at No 1 Riding House Street, London W1A 3AS, on Thursday 22 August 2002, the following 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 Anthony Murphy and Robert William Leslie Horton, of Smith & Williamson, Onslow Bridge Chambers, Bridge Street, Guildford, Surrey GU1 4RA, be and are hereby appointed Joint Liquidators for the purposes of such winding-up.” At a subsequent Meeting of Creditors, duly convened pursuant to section 98 of the Insolvency Act 1986, and held on Thursday 22 August 2002, the appointment of Anthony Murphy and Robert William Leslie Horton as Joint Liquidators was confirmed. B Mehta, Chairman