BAGLEY AND TURNER LIMITED

At an Extraordinary General Meeting of the above-named Company, duly convened, and held at 1 George Street, Wolverhampton WV2 4DG, on 27 February 2003, the subjoined 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 Ninos Koumettou, of Alexander Lawson & Co, 641 Green Lanes, London N8 0RE, be and he is hereby appointed Liquidator for the purposes of such winding-up.” P Turner