NAC RE INTERNATIONAL HOLDINGS LIMITED

NAC REINSURANCE INTERNATIONAL LIMITED

The following written Resolutions of the sole Member of the above-named Companies were duly passed on 10 March 2003. “That the Companies be wound up voluntarily, and that Richard Setchim and Tim Walsh, of Plumtree Court, London EC4A 4HT, be and are hereby appointed Joint Liquidators of the Companies for the purposes of such winding-ups, 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.” D J Watson, for and on behalf of the sole Member