Creditors’ Voluntary Winding-up

Resolutions for Winding-up

AJS LINGERIE LIMITED

At an Extraordinary General Meeting of the above-named Company, convened, and held at Cartwright House, Tottle Road, Nottingham NG2 1RT, on 15 May 2003, at 11.00 am, the following Resolutions were duly passed, as an Extraordinary Resolution and as an Ordinary Resolution: “That it has been proved to the satisfaction of the Meeting that the Company cannot, by reason of its liabilities, continue its business and that the Company be wound up voluntarily, and that Philip Michael Lyon, of Mazars of Cartwright House, Tottle Road, Nottingham NG2 1RT be appointed as Liquidator of the Company for the purposes of the voluntary winding-up.” A Stone, Chairman