In the High Court of Justice (Chancery Division)

Companies Court No 6582 of 2010

HOLLY BEACH SA.

(Company Number 1411787 )

The Debtor does not carry on business within Great Britain.

Address of debtor: Akara Bldg., 24 De Castro Street, Road Town, Tortola, British Virgin Islands.

The following order has been made in relation to the above debtor under the Cross‑Border Insolvency Regulations 2006 that the compulsory liquidation of the debtor under Section 159(1)(a) and 162(1)(a) of the British Virgin Islands Insolvency Act 2003 be recognised as a foreign main proceeding in accordance with the UNCITRAL Model Law on cross-border insolvency as set out in Schedule 1 to the Cross-Border Insolvency Regulations 2006.

THAT for the avoidance of doubt, the stay and suspension under Article 20 of the Model Law shall not affect or inhibit in any way the rights of the applicant to transfer, encumber or otherwise dispose of or deal with any of the debtor’s assets in the UK.

AND that there be no order as to costs

Order made on 16 November 2010

Weil, Gotshal & Manges, One South Place, London, EC2M 2WG (Ref: DMC/JD. 56012.0012)