BROWNHILLS PAINT LIMITED

At an Extraordinary General Meeting of the above-named Company, duly convened, and held at 4 Castle Street, Warwick CV34 4BP, on Wednesday 5 March 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 T Mitchell, of Cranfield Recovery Limited, 4 Castle Street, Warwick CV34 4BP, is hereby appointed Liquidator for the purposes of such winding-up.” At a subsequent Meeting of Creditors, duly convened pursuant to section 98 of the Insolvency Act 1986, and held on Wednesday 5 March 2003, the appointment of T Mitchell was confirmed. D Walker, Chairman