Resolutions for Winding-up

-0.18982851.111187RH10 6AD2003-03-142003-03-31Insolvency Act 1986The Borough of CrawleyTSO (The Stationery Office), St Crispins, Duke Street, Norwich, NR3 1PD, 01603 622211,

At an Extraordinary General Meeting of the Members of the above-named Company duly convened and held at Hanover House, 18 Mount Ephraim Road, Tunbridge Wells, Kent on 14 March 2003, at 10.30 am, the following Resolutions were duly passed as a Special Resolution, as Extraordinary Resolutions and as Ordinary Resolutions respectively: “That the Company be wound up voluntarily and that John David Ariel and Louise Mary Brittain of Baker Tilly, 9-12 Gleneagles Court, Brighton Road, Crawley, West Sussex RH10 6AD, be and are hereby appointed as Joint Liquidators for the purposes of such winding-up, that the Joint Liquidators be and are hereby authorised under the provisions of section 165 of the Insolvency Act 1986, to exercise the powers laid down in Schedule 4, Part 1 of the said Act, that the Joint Liquidators are to act in all matters relating to their appointment jointly and severally and one may act for the other, that in accordance with the provisions of the Company’s articles of association the Joint Liquidators be and are hereby authorised to divide and distribute to the Member as appropriate, in specie or in kind, the whole or any part of the assets of the Company and to determine how such divisions and distributions shall be made to the Member, and that the Joint Liquidators be entitled to be paid remuneration on a time cost basis, up to £5,000 (exclusive of VAT and expenses) but that any excess, if any, be agreed by the Members. This fee to include any time incurred by the Liquidators in assisting the Company prior to the winding-up but excluding the preparation of the accounts. These fees and expenses to be drawn on account up to this amount, but any excess to be subject to a further approval by the Members and that the Company’s registered office be changed to 12 Gleneagles Court, Brighton Road, Crawley, West Sussex.” T Gambell, Chairman