ADEL ELECTRONICS LIMITED

At an Extraordinary General Meeting of the above-named Company, duly convened, and held at 8 High Street, Yarm, Stockton-on-Tees TS15 9AE, on Thursday, 22nd January 1998, the following subjoined Extraordinary Resolution was duly passed:   “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 J. Harvey Madden, of John B. Taylor & Co., 8 High Street, Yarm, Cleveland TS15 9AE, be and he is nominated Liquidator for the purpose of the winding-up.”