ARROWFLAKE LIMITED

At an Extraordinary General Meeting of the Members of the above-named Company, duly convened, and held at 10-12 Russell Square, London WC1B 5LF, on 6th March 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 to wind up the same, and accordingly that the Company be wound up voluntarily, and that Brian Reginald Anthony Callaghan, of Chantrey Vellacott, Russell Square House, 10-12 Russell Square, London WC1B 5LF, be and is hereby appointed Liquidator of the Company for the purposes of the voluntary winding up”. R. A. Sneesby, Director