PAUL KING ELECTRICAL SERVICES LIMITED

At an Extraordinary General Meeting of the above-named Company, duly convened, and held at Hobson House, 155 Gower Street, London WC1E 6BJ, on 12th January 1998, 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 that the same should be wound up, and accordingly that the Company be wound up voluntarily, and that David Nisbet and Paul John Clark, of Casson Beckman & Partners, Hobson House, 155 Gower Street, London WC1E 6BJ, be and they are hereby appointed Joint Liquidators of the Company, empowered to act jointly and severally for the purposes of such winding-up.”   At the subsequent Meeting of Creditors, held at the same place on the same date, the Resolutions were ratified together with the appointment of David Nisbet and Paul John Clark, of Casson Beckman & Partners, Hobson House, 155 Gower Street, London WC1E 6BJ, as Joint Liquidators. P. King, Chairman