Resolutions for Winding-up

The City of Westminster-0.13421851.517134W1A 3RTInsolvency Act 19862003-03-042003-03-11TSO (The Stationery Office), St Crispins, Duke Street, Norwich, NR3 1PD, 01603 622211,

At an Extraordinary General Meeting of the above-named Company, duly convened, and held at 66 Wigmore Street, London W1U 2HQ, on 4 March 2003, at 10.30 am, the following Resolutions were duly passed, as an Extraordinary Resolution and as Ordinary Resolutions respectively: “That it had 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 Maurice Moses and Nicholas Hugh O’Reilly, of Numerica, PO Box 2653, 66 Wigmore Street, London W1A 3RT, be and are hereby appointed Joint Liquidators for the purposes of such winding-up and that anything required or authorised to be done by the Joint Liquidators be done by both or either of them.” At a subsequent Meeting of Creditors, duly convened, pursuant to section 98 of the Insolvency Act 1986, and held on the same day, the appointment of Maurice Moses and Nicholas Hugh O’Reilly was confirmed. I Elstein, Chairman