M AND R SECURITIES LIMITED

At an Extraordinary General Meeting of the above-named Company convened and held at 47 Park Street, London W1Y 4EB, on 19th February 1998, at 4.15 p.m., the following Special Resolution was passed:   “That the Company be wound up voluntarily and that Geoffrey Morphitis of Grant Thornton, Grant Thornton House, Melton Street, Euston Square, London NW1 2EP, be and is hereby appointed Liquidator of the Company for the purposes of such winding-up”. R. Goldser, Chairman     Note. This notice is purely formal. All known Creditors have been, or will be, paid in full.