I P INDUSTRIES LIMITED

(Reg No 03911778) Nature of Business: Software Development. Trade Classification: 36. Date of Appointment of Joint Administrative Receivers: 19 March 2003. Name of Person Appointing the Joint Administrative Receivers: National Westminster Bank Plc. Joint Administrative Receivers: Charles William Anthony Escott and Matthew Dunham (Office Holder Nos 8913 and 8376), both of RSM Robson Rhodes, St George House, 40 Great George Street, Leeds LS1 3DQ. Brief Description of Charge: Debenture Conferring Fixed and Floating Charges over all the Company’s Assets dated 31 October 2001.