SWALLOW SECURITIES LIMITED

At an Extraordinary General Meeting of the Company, duly convened, and held at First National House, College Road, Harrow, on 24th August 1998, at 9.30 a.m., the following Resolutions were duly passed, as a Special Resolution and as an Ordinary Resolution respectively:   “That James Robert Drummond Smith, of Stonecutter Court, 1 Stonecutter Street, London EC4A 4TR, be and is hereby appointed Liquidator of the Company.” J. F. Cormie, Chairman