NEWCASTLE AERO ENGINEERING LIMITED

Written Resolution of Newcastle Aero Engineering Limited passed on 27 January 2005, 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 A A Josephs and L A Farish, of RMT, 3 Portland Terrace, Jesmond, Newcastle upon Tyne NE2 1QQ, be and are hereby appointed Liquidators for the purposes of the winding-up.” For and on behalf of Newcastle upon Tyne Aero Club Limited