PRO-TEC MARTIAL ARTS LIMITED

At an Extraordinary General Meeting of the Members of the above-named Company, duly convened, and held at Molesworth, Octagon House, 25-27 Yorkshire Street, Rochdale, Lancashire, on 18 March 2003, the following 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 that accordingly the Company be wound up voluntarily, and that Michael Williams, of Highfield, Clifton Road, Middleton, Manchester M24 2RD, be appointed Liquidator of the Company.” N Fagan, Chairman