JOINLORD LIMITED

Joinlord Limited has approve a payment out of capital for the purpose of acquiring its own shares by purchase.   The permissible capital payment for the shares is £12,500. The Special Resolution made under section 173 was approved on 31st March 1998.   The statutory declaration of the Directors’ and the auditors’ report required by section 173 are available for inspection at the Company’s registered office.   Any Creditor of the Company may, at any time within the 5 weeks immediately following the date of the Resolution for payment out of capital, apply to the court under section 176 for an Order prohibiting the payment.