CLUB KINETIC LIMITED

At an Extraordinary General Meeting of the Members of the above-named Company, duly convened, and held on 16th January 1998, the following Resolutions were duly passed, as an Extraordinary Resolution and as an Ordinary Resolution respectively:   “That the Company cannot, by reason of its liabilities, continue its business, and that it is advisable to wind up the Company, and accordingly that the Company be wound up voluntarily, and that the Liquidator for the purposes of the winding-up be Gerald A. F. Coward, of 16 Croftdown Road, Birmingham B17 8RB. G. Banks, Chairman