HAC PROPERTIES LIMITED

At an Extraordinary General Meeting of the Members of the above-named Company, duly convened, and held at 18 Upper Wimpole Street, London W1M 7TB, on 21st January 1998, the following special Resolution was duly passed:   “That the Company be wound up voluntarily, and that R. S. Palmer, be and is hereby appointed Liquidator for the purposes of such winding-up and the Liquidator be empowered to distribute the assets in specie.” J. Booth, Chairman