Members’ Voluntary Winding-up

Resolutions for Winding-up

GARTMORE HIGH INCOME TRUST PLC

(Company Number 03723034) At an Extraordinary General Meeting of the above-named Company, duly convened, and held on 20 December 2006, at 11.00 am, the following Special Resolution was duly passed: “That the Company be and is hereby wound up voluntarily under the provisions of the Insolvency Act 1986, and that Gareth Rutt Morris and Simon Peter Bower, both of RSM Robson Rhodes LLP, be and they are hereby appointed Joint Liquidators (the “Liquidators”) for the purposes of such winding-up and any power conferred on them by law, the articles of association of the Company or by Resolution may be exercised by them jointly or by each of them alone, the remuneration of the Liquidators be determined by reference to the time properly given by them and their staff in attending to matters prior to and during the winding-up and they be and are hereby authorised to draw such remuneration, monthly or at such longer intervals as they may determine and to pay any expenses properly incurred by them, the Company’s books and records be held by Gartmore Investment Limited to the order of the Liquidators until the expiry of 12 months after the date of dissolution of the Company, when they may be disposed of, save for financial and trading records which shall be kept for a minimum of 6 years following the vacation of the Liquidators from office, and the Liquidators be and are hereby authorised under the provisions of section 165 of the Insolvency Act to exercise the powers laid down in Part 1 of Schedule 4 of the Insolvency Act 1986 (namely pay all Creditors in full and to make compromises with Creditors and debtors.)” A C Chambers, Chairman