VITESSE PROPERTIES LIMITED

At an Extraordinary General Meeting of the Members of the above-named Company, duly convened, and held at the Julius Caesar Hotel, 26-33 Queens Gardens, London W2 3BD, on 18th February 1998, the following 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 Bhagu Mistry, of B. Mistry & Co., Pride House, Rectory Lane, Edgware, Middlesex HA8 7LG, be and he is hereby appointed Liquidator for the purposes of the winding-up.” R. C. Rabheru, Chairman