THE DESIGN REVOLUTION LIMITED

At an Extraordinary General Meeting of the above-named Company, duly convened, and held at 37 Frederick Place, Brighton BN1 4EA, on 26 February 2003, at 10.00 am, the following Resolutions were duly passed, as an Extraordinary Resolution and as an Ordinary Resolution respectively: “That it has been proved to the satisfaction of the Meeting that the Company cannot, by reason of its liabilities, continue its business and that the Company be wound up voluntarily, and that Christopher Rodney Ashurst, of Mazars, 37 Frederick Place, Brighton BN1 4EA, be appointed as Liquidator of the Company for the purposes of the voluntary winding-up.” A Ashdown, Chairman