HANSA RE & MARINE MANAGEMENT LIMITED HANSA RE & MARINE SERVICES LIMITED HANSA SERVICES (UK) LIMITED

At Extraordinary General Meetings of the above-named Companies, duly convened, and held on 5th Floor, Marlon House, 71-74 Mark Lane, London EC3R 7HS, on 19th December 1997, the following Resolutions were duly passed, as a Special Resolution and as an Ordinary Resolution respectively:   “That the Company be wound up voluntarily, and that Stephen Treharne and Peter Joseph Beirne, of KPMG, 20 Farringdon Street, London EC4A 4PP, be and are hereby appointed 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.” T. J. O’Hara, Chairman