PENSION PLANNING EUROPE LIMITED

At an Extraordinary General Meeting of the Members of the above-named Company, duly convened, and held at Russell Bedford House, City Forum, 250 City Road, London EC1V 2QQ, on 28 April 2003, the following Special Resolution was passed: “That the Company be wound up voluntarily and that Laurence Josef Baehr of Baehr Lubbock Fine, of Russell Bedford House, City Forum, 250 City Road, London EC1V 2QQ, be and is hereby appointed Liquidator for the purposes of winding up the Company.” J D Hubbard, Chairman