CLEARWATER PARK LIMITED

At an Extraordinary General Meeting of the above-named Company, duly convened at the offices of Scarborough Property Company Plc, Forsyth House, Alpha Business Park, Monks Cross, York YO32 9LD, on 21 January 2005, the following Resolutions were duly passed, as a Special Resolution, as Ordinary Resolutions and as an Extraordinary Resolution respectively: “That the Company be wound up voluntarily, that Tim Alan Askham, of Mazars LLP, Merchant Exchange, Whitworth Street West, Manchester M1 5WG, be appointed Liquidator for the purpose of such winding up, that the Liquidator be authorised to draw remuneration on a time cost basis but in accordance with the engagement letter and that the Liquidator be authorised to distribute in specie.” P Richardson, Chairman