MAGNOVIEW LIMITED

At an Extraordinary General Meeting of the above-named Company, duly convened, and held at Hilton National Hotel, Bracken Place, Chilworth, Southampton SO16 3RB, on 24th December 1997, 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 D. J. Stringer, of Stringer & Co., is hereby appointed Liquidator for the purpose of such winding-up.” G. Capon, Chairman