GIBBS & DYSON JEWELLERS LIMITED

At an Extraordinary General Meeting of the above-named Company, duly convened, and held at Sherlock Holmes Hotel, 108 Baker Street, London W1M 2LJ, on Tuesday, 7th April 1998, at 2 p.m., 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 accordingly that the Company be wound up voluntarily, and that Shay Bannon, of Levy Gee, 100 a Chalk Farm Road, London NW1 8EJ, be and he is hereby appointed Liquidator for the purposes of such winding-up.”   At a subsequent Meeting of the Creditors of the Company held later on the same day and at the same place, the above-mentioned Resolution was confirmed. J. Dyson, Chairman