KENLEY DEVELOPMENTS (N.E.) LIMITED

At an Extraordinary General Meeting of the Members of the above-named Company, duly convened and held on 12th January 1998, at 2.45 p.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 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 that accordingly the Company be wound up voluntarily, and that I. Brown, of Deloitte & Touche, of Gainsborough House, 34-40 Grey Street, Newcastle upon Tyne NE1 6AE, be and is hereby appointed Liquidator of the Company.” J. Findlay, Director