MOMENTUM MANAGEMENT SERVICES LIMITED

At an Extraordinary General Meeting of the above-named Company, duly convened, and held at 84 Grosvenor Street, London W1X 9DF, on 12th January 1998, at 12 noon, 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 Gary Peter Squires, of Buchler Phillips, 84 Grosvenor Street, London W1 9DF, be and is hereby appointed the Liquidator for the purposes of such winding-up.” W. Smith, Director