WILBRAHAM HOTELS LIMITED

RAWLES LIMITED

The following written Resolutions of the Members of the above-named Companies were duly passed, on 27 February 2003, as a Special Resolution and as an Ordinary Resolution respectively: “That the Companies be wound up voluntarily, and that Richard Victor Yerburgh Setchim and Tim Gerard Walsh of PricewaterhouseCoopers LLP, Plumtree Court, London EC4A 4HT, be and are hereby appointed Joint Liquidators of the Companies for the purposes of such winding-up, and any act required or authorised under any enactment to be done by the Joint Liquidators is to be done by all or any one or more of the persons for the time being holding office.” A A Harding, for and on behalf of the Members