MEADS SCHOOL OF ENGLISH LIMITED

At an Extraordinary General Meeting of the Members of the above-named Company, duly convened, and held at Lyndean House, 43-46 Queens Road, Brighton, East Sussex BN1 3XB, on 17 August 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 Ian Cadlock and Andrew James Pear, of Tenon Recovery, Lyndean House, 43-46 Queens Road, Brighton BN1 3XB, be and are hereby appointed Joint Liquidators for the purposes of such winding-up.” At the Meeting of Creditors of the Company subsequently held at 12.00 noon on 17 August 2005, the above Resolutions were duly passed. J Higgins, Director