NET 66 LIMITED

(t/a Red Tee) At an Extraordinary General Meeting of the Members of the above-named Company, duly convened, and held at Novotel Hotel, Victoria Street, Bristol BS1 6HY, on 28 July 2005, the following Extraordinary Resolution was duly passed: “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 Jonathan Sinclair, of Sinclair Harris, 46 Vivian Avenue, Hendon Central, London NW4 3XP, be and he is hereby appointed Liquidator for the purposes of the winding-up.” M Minty, Chairman