MORETONS PROJECTS LIMITED

At an Extraordinary General Meeting of the above-named Company, duly convened, and held at Express by Holiday Inn, 1200 Chester Road, Castle Bromwich, Birmingham B35 7AF, on 22 July 2005, the following Resolutions were duly passed, as an Extraordinary Resolution and as an Ordinary Resolution respectively: “That it has been proven 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 that accordingly the Company be wound up voluntarily, and that Robert P J Allen, of Vantage, 20-24 Kirby Street, London EC1N 8TS, be and is hereby appointed as Liquidator of the Company for the purposes of the winding-up.” Chairman