YVOLAN FINANCE CORP.
(the "Company")

MINUTES OF A MEETING OF THE BOARD OF DIRECTORS
held on November 2007

 

NOTICE: Notice to this meeting was waived by all persons entitled thereto.

PRESENT: Marta Edghill

Imogene Wilson

A quorum being present, Marta Edghill was elected Chairman of the Meeting and Imogene

Wilson acted as Secretary and kept the minutes thereof.
The following resolutions were unanimously adOpted:

RESOLVED: To cancel the bearer share certificate number issued by the Company on
April 2002.

RESOLVED: To authorise, as it is hereby authorised, the issuance of the following

share certificates 

i) Share certificate No. 2 in the name of Mr. Victor VANEA for 25.000
shares with a par value of 1,00 each .

- ii) Share certificate No. 3 in the name of Mr. Ionut COSTEA for 25.000

shares with a par value of 1,00 each.

There being no further business to be transacted at this meeting it was declared closed, and

in witness thereof these Minutes have been issued on the date and place first above written.

    
 

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Marta Edghill, Chairman Imogene Mlson, Secretary



 

 

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