GRAYANCO LIMITED

At an Extraordinary General Meeting of the Members of the above-named Company, duly convened, and held at Mazars, Sovereign Court, Witan Gate, Central Milton Keynes MK9 2HP, on 19 March 2003, the following Resolutions were passed, as a Special Resolution and as an Ordinary Resolution respectively: “That the Company be wound up voluntarily, and that Martin Dominic Pickard be and is hereby appointed Liquidator for the purposes of such winding-up.” G J Roberts, Chairman