THE CLUB DISTRIBUTION LIMITED

At an Extraordinary General Meeting of the above-named Company, duly convened, and held at The Lake Hotel, 234 London Road, St. Albans AL1 1JQ, on 8th April 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 Paul F. Jeffery, of KPMG, Aquis Court, 31 Fishpool Street, St. Albans AL3 4RF, be and is hereby appointed for the purpose of such winding-up.” A. Waide, Chairman