BOXFRESH WHOLESALE LIMITED

1. By a Special Resolution of the Shareholders of the Company at an Extraordinary General Meeting on 20 October 2003, the payment out of Capital of £446,000 for the purpose of acquiring 1,206,531 Redeemable Preference Shares in the Company held by Fosters Trading Company (Holdings) Limited was authorised. 2. The amount of the permissible Capital repayment as defined by sections 170, 171 and 172 of the Companies Act 1985 was £446,000. 3. The statutory declaration of the Directors and the Auditors’ report required by section 173 of the said Act are available for inspection at the registered office of the Company situated at Palladium House, 1-4 Argyll Street, London W1F 7LD. 4. Any Creditor of the Company may at any time within the period of 5 weeks immediately following 20 October 2003 (being the date of the above-mentioned Special Resolution) apply to the High Court under section 176 of the said Act for an Order prohibiting the payment.