CB INTERMEDIATE LIMITED

CB RICHARD ELLIS COMMERCIAL LIMITED

CBRE STEWARDSHIP COMPANY

At the Extraordinary General Meeting of the above-named Companies, held on 31 January 2005, the following Resolutions were passed as a Special Resolution and as an Ordinary Resolution respectively: “That the Companies be wound up voluntarily and that Richard Setchim and Jonathan Sisson, of PricewaterhouseCoopers LLP, Plumtree Court, London EC4A 4HT, be and are hereby appointed Joint Liquidators of the Companies for the purposes of such winding-up, and any act required or authorised under any enactment to be done by the Joint Liquidators is to be done by all or any one or more of the persons for time being holding office.” M Lubieniecki, Chairman