CONTIHOLDINGS (UK) LIMITED

At an Extraordinary General Meeting of the above-named Company, duly convened, and held at 1 Snow Hill, London EC1A 2EN, on 5 November 2002, the following Resolutions were passed, 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 the Company be wound up voluntarily, and that Phillip Rodney Sykes and Jeremy Mark Willmont of Moore Stephens, 1 Snow Hill, London EC1A 2EN, be and are hereby appointed as Joint Liquidators of the Company for the purpose of the voluntary winding-up with each Liquidator able to act either alone or jointly.” At a Meeting of Creditors held on the same day the Creditors confirmed the appointment of Phillip Sykes and Jeremy Willmont as Joint Liquidators. C A Fribourg, Chairman