ELMCRESS PROPERTIES LIMITED

At an Extraordinary General Meeting of the Members of the above-named Company, duly convened, and held at Milford House, 43-55 Milford Street, Wiltshire SP1 2BP, on 16th March 1998, at 10.30 a.m., 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 the Meeting that the Company cannot, by reason of its liabilities, continue its business, and that the Company be wound up voluntarily, and that Barry P. Knights, of Knights & Company, Milford House, 43-55 Milford Street, Salisbury, Wiltshire SP1 2BP, is hereby appointed Liquidator for the purposes of the voluntary winding-up.” S. P. C. Hammick, Chairman 16th March 1998.