SPEEDI-CUT SERVICES LIMITED

At an Extraordinary General Meeting of the above-named Company, duly convened, and held at 80 Hinckley Road, Leicester LE3 0RD, on 18 March 2004, the subjoined Extraordinary Resolution was duly passed: “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 it is advisable to wind up the same, and accordingly that the Company be wound up voluntarily, and that Situl Devji Raithatha and John Patrick Thomas Redmond, of Springfields, 80 Hinckley Road, Leicester LE3 0RD, are hereby appointed Joint Liquidators for the purposes of such winding-up and they are to act jointly and severally.” At a subsequent Meeting of Creditors, duly convened, pursuant to secion 98 of the Insolvency Act 1986, and held on the same day, the appointment of Situl Devji Raithatha and John Patrick Thomas Redmond was confirmed. I Gugnani, Chairman