SEARCH INTERNATIONAL LIMITED

Minutes of the Annual General Meeting of Shareholders held at the

offices of Oceanic Bank and Trust Limited, Bayside House, Bayside
Executive Park, West Bay Street and Blake Road, Nassau, Bahamas
on the 26th May, 2006 at 11:30 o’clock in the forenoon, pursuant to
notice.

The under mentioned Shareholders were present:

Search Investment Office Limited represented by its proxy to

Glad Happy Limited represented by its proxy to

Present by Invitation:
Mr. Dog Day- Afternoon

The proper quorum having assembled acted as Chairman of the

Meeting and acted as Secretary and kept the Minutes of
the Meeting.

The Chairman examined the proxies presented to the Meeting,

found them to be in order and directed that they be lodged with the
records of the Company. A quorum having assembled, the
Chairman declared the Meeting was properly constituted and could
proceed to business.

The Minutes of the previous Meeting of Shareholders were read and

confirmed.

On motion duly proposed and approved, it was:

RESOLVED THAT the presentation and approval of the Balance

Sheet of the Company be and it is hereby waived.

RESOLVED THAT the following be and they are hereby elected

Directors of the Company to serve for the ensuing year or until such
time as their successors shall have been elected:

Names Addresses
Peacemaker Limited P. O. Box N1875, Nassau,
Bahamas
Purge Ltd P. O. Box N1185, Nassau, Bahamas
RESOLVED FURTHER THAT any one of the Directors or signatories of
Peacemaker Limited and Purge Ltd, be and they are hereby
authorized to represent or to act for and on behalf of these
companies in their capacity as Corporate Director.

On motion duly proposed and approved, it was:

RESOLVED THAT there be no audit of the books and accounts of the

Company.

On motion duly proposed and approved, it was:

RESOLVED THAT this meeting hereby sanctions, approves, ratifies

and confirms each and all of the acts, transactions and proceedings
of the Directors, Officers and Employees of the Company during the
last fiscal year of the Company; and

That the Company do fully and effectively indemnify and save

harmless all Directors, Officers and Employees of the Company in
respect of any claims, demands, suits or proceedings made,
instituted or threatened against them concerning their duties or
actions as Directors or Officers or Employees of the Company, or of
any subsidiary or associated Company (otherwise than in respect of
any such suits or proceedings in which such Directors, Officer of
Employee has been adjudged to have engaged in fraud against the
Company), which indemnification shall include, but shall not be
limited to, any reasonable expenses (including attorney’s fees), and
any judgments, fines and amounts paid in settlement, incurred by
any Director, Officer or Employee of the Company in connections
with any such claims, demands, suits or proceedings, and the
Officers and Directors (notwithstanding the personal interest of all
or any of them), be authorized to execute on behalf of the Company
forms of indemnity in favour of such Directors, Officers or
Employees as and when necessary

There being no further business, on motion duly proposed and

approved, the meeting was terminated.

__________________________ _________________________
Chairman Secretary

NOTICE

Notice is hereby given that the Annual General Meeting of the

Members of the above named company will be held at the officers
of the company, West Bay Street, New Providence, Bahamas on
for the following purposes:

1. To confirm the Minutes of the previous Shareholders’ meeting.

2. To receive, consider and adopt, where appropriate, the
Balance Sheet of the Company, together with the related
Financial Statements for the last fiscal year of the company
and discharge the directors and officers of the company for all
their actions in respect thereof.
3. To elect directors for the ensuing year.
4. To consider and, if deemed advisable, appoint auditors.
5. To transact such other ordinary business of the company as
may properly come before the meeting or at any adjournment
or adjournments thereof.
Dated at Nassau, Bahamas this day of A.D.

__________________________
Secretary

Note: A member entitled to attend and vote at the above meeting is

entitled to appoint a proxy to attend and vote in his stead and such
proxy need not also be a member.