TITANIUM HOLDINGS

(Company Number 5378597) In accordance with section 381A of the Companies Act 1985, the following written Resolutions are passed as if they had been proposed at a General Meeting of the Company, as a Special Resolution and as an Ordinary Resolution respectively: “That the Company be wound up voluntarily, and that Jeremy Simon Spratt and Finbarr Thomas O’Connell, of KPMG LLP, 8 Salisbury Square, London EC4Y 8BB, be and are hereby appointed Joint Liquidators for the purpose of such winding-up, and that any power conferred on them by the Company, or by law, be exercisable by them jointly, or by either of them alone.” Members 19 January 2007.