PENWITH MANOR ESTATE MANAGEMENT BOARD LIMITED

(Incorporated under the Industrial and Provident Societies Act 1965) At an Extraordinary General Meeting of the Members of the above-named Society, duly convened, and held at Russell Square House, 10-12 Russell Square, London WC1B 5LF, on 24 May 2005, 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 Richard Howard Toone and Kevin Anthony Murphy, of Chantrey Vellacott DFK, Russell Square House, 10-12 Russell Square, London WC1B 5LF, be and are hereby appointed Joint Liquidators of the Company for the purpose of the voluntary winding-up.” A Joyce, Board Member