CHARLES WALTER LIMITED

At an Extraordinary General Meeting of the Members of the above-named Company, duly convened, and held at The Russell Hotel & Conference Centre, 136 Boxley Road, Maidstone, Kent ME14 2AE, on 7 December 2004, the following Resolutions were duly 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 it is advisable to wind up the same, and accordingly that the Company be wound up voluntarily, and that Graham P Petersen and Julie P Vahey, of Benedict Mackenzie, 5-6 The Courtyard, East Park, Crawley, West Sussex, be and are hereby appointed Joint Liquidators for the purposes of such winding-up.” R J Birch, Chairman