CLAREMONT (HERSHAM) LIMITED

At an Extraordinary General Meeting of the Members of the above- named Company, duly convened, and held at Pannell House, Park Street, Guildford GU1 4HN, on 7 March 2003, the following Resolutions were duly passed, as a Special Resolution, as an Ordinary Resolution and as an Extraordinary Resolution respectively: “That the Company be wound up voluntarily, that F C Satow and S P Holgate of the firm PKF, acting jointly and severally in all matters, be and are hereby appointed Joint Liquidators of the Company for the purpose of the voluntary winding-up, and that the basis of the Joint Liquidators’ remuneration be set on a time cost basis agreed at £3,500 plus VAT and disbursements. The Joint Liquidators’ disbursements will be charged on an incurred basis or as generally charged to PKF clients.” R J Fox, Director