CINEMAGE LIMITED

At an Extraordinary General Meeting of the above-named Company, convened, and held at 62 Wilson Street, London EC2A 2BU, on 16 May 2003, at 11.00 am, the following Resolutions were passed, as an Extraordinary Resolution and as an Ordinary Resolution respectively: “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 the Company be wound up voluntarily, and that Ian Donald Williams, of Benedict Mackenzie, 62 Wilson Street, London EC2A 2BU, be appointed Liquidator of the Company for the purposes of the voluntary winding-up.” S L Vaughan, Chairman