THE COMPANIES ACT 2006

PRIVATE COMPANIES LIMITED BY SHARES

ARTICLE OF ASSOCIATION OF

NOVO CENTRE VISUAL LTD

ARTICLE OF ASSOCIATION

NOVO CENTRE VISUAL LTD

INDEX TO THE ARTICLES PART 1 INTERPRETATION AND LIMITATION OF LIABILITY

1. Defined terms . Li!"i#it$ %f mem"ers

PART DIRECTORS
DIRECTORS& PO'ERS AND RESPONSIBILITIES (. Dire)t%rs& *ener!# !+t,%rit$ -. S,!re,%#ders& reser.e /%0er 1. Dire)t%rs m!$ de#e*!te 2. C%mmittees DECISION3MA4IN5 BY DIRECTORS 6. Dire)t%rs t% t!7e de)isi%ns )%##e)ti.e#$ 8. 9n!nim%+s de)isi%ns :. C!##in* ! dire)t%rs& meetin* 1;. P!rti)i/!ti%n in dire)t%rs& meetin*s 11. <+%r+m f%r dire)t%rs& meetin*s 1 . C,!irin* %f dire)t%rs& meetin*s 1(. C!stin* .%te 1-. C%nf#i)ts %f interest 11. Re)%rds %f de)isi%ns t% "e 7e/t 12. Dire)t%rs& dis)reti%n t% m!7e f+rt,er r+#es APPOINTMENT OF DIRECTORS 16. Met,%ds %f !//%intin* dire)t%rs 18. Termin!ti%n %f dire)t%r&s !//%intment 1:. Dire)t%rs& rem+ner!ti%n ;. Dire)t%rs& e=/enses

PART ( SHARES AND DISTRIB9TIONS

SHARES 1. A## s,!res t% "e f+##$ /!id +/ . P%0ers t% iss+e different )#!sses %f s,!re (. C%m/!n$ n%t "%+nd "$ #ess t,!n !"s%#+te interests -. S,!re )ertifi)!tes 1. Re/#!)ement s,!re )ertifi)!tes 2. S,!re tr!nsfers 6. Tr!nsmissi%n %f s,!res
ARTICLE OF ASSOCIATION NOVO CENTRE VISUAL LTD

8. E=er)ise %f tr!nsmittees& ri*,ts :. Tr!nsmittees "%+nd "$ /ri%r n%ti)es DIVIDENDS AND OTHER DISTRIB9TIONS (;. Pr%)ed+re f%r de)#!rin* di.idends (1. P!$ment %f di.idends !nd %t,er distri"+ti%ns ( . N% interest %n distri"+ti%ns ((. 9n)#!imed distri"+ti%ns (-. N%n3)!s, distri"+ti%ns (1. '!i.er %f distri"+ti%ns CAPITALISATION OF PROFITS (2. A+t,%rit$ t% )!/it!#ise !nd !//r%/ri!ti%n %f )!/it!#ised s+ms

PART DECISION3MA4IN5 BY SHAREHOLDERS

OR5ANISATION OF 5ENERAL MEETIN5S (6. Attend!n)e !nd s/e!7in* !t *ener!# meetin*s (8. <+%r+m f%r *ener!# meetin*s (:. C,!irin* *ener!# meetin*s -;. Attend!n)e !nd s/e!7in* "$ dire)t%rs !nd n%n3s,!re,%#ders -1. Ad>%+rnment VOTIN5 AT 5ENERAL MEETIN5S - . V%tin*? *ener!# -(. Err%rs !nd dis/+tes --. P%## .%tes -1. C%ntent %f /r%=$ n%ti)es -2. De#i.er$ %f /r%=$ n%ti)es -6. Amendments t% res%#+ti%ns

PART 1 ADMINISTRATIVE ARRAN5EMENTS

-8. Me!ns %f )%mm+ni)!ti%n t% "e +sed -:. C%m/!n$ se!#s 1;. N% ri*,t t% ins/e)t !))%+nts !nd %t,er re)%rds 11. Pr%.isi%n f%r em/#%$ees %n )ess!ti%n %f "+siness DIRECTORS& INDEMNITY AND INS9RANCE 1 . Indemnit$ 1(. Ins+r!n)e

ARTICLE OF ASSOCIATION

NOVO CENTRE VISUAL LTD

PART 1 INTERPRETATION AND LIMITATION OF LIABILITY

Defined terms 1. In t,e !rti)#es@ +n#ess t,e )%nte=t reA+ires %t,er0iseB C!rti)#esD me!ns t,e )%m/!n$&s !rti)#es %f !ss%)i!ti%nE C"!n7r+/t)$D in)#+des indi.id+!# ins%#.en)$ /r%)eedin*s in ! >+risdi)ti%n %t,er t,!n En*#!nd !nd '!#es %r N%rt,ern Ire#!nd 0,i), ,!.e !n effe)t simi#!r t% t,!t %f "!n7r+/t)$E C),!irm!nD ,!s t,e me!nin* *i.en in !rti)#e 1 E C),!irm!n %f t,e meetin*D ,!s t,e me!nin* *i.en in !rti)#e (:E CC%m/!nies A)tsD me!ns t,e C%m/!nies A)ts F!s defined in se)ti%n C%m/!nies A)t ;;2G@ in s% f!r !s t,e$ !//#$ t% t,e )%m/!n$E Cdire)t%rD me!ns ! dire)t%r %f t,e )%m/!n$@ !nd in)#+des !n$ /ers%n %))+/$in* t,e /%siti%n %f dire)t%r@ "$ 0,!te.er n!me )!##edE Cdistri"+ti%n re)i/ientD ,!s t,e me!nin* *i.en in !rti)#e (1E Cd%)+mentD in)#+des@ +n#ess %t,er0ise s/e)ified@ !n$ d%)+ment sent %r s+//#ied in e#e)tr%ni) f%rmE Ce#e)tr%ni) f%rmD ,!s t,e me!nin* *i.en in se)ti%n 1128 %f t,e C%m/!nies A)t ;;2E Cf+##$ /!idD in re#!ti%n t% ! s,!re@ me!ns t,!t t,e n%min!# .!#+e !nd !n$ /remi+m t% "e /!id t% t,e )%m/!n$ in res/e)t %f t,!t s,!re ,!.e "een /!id t% t,e )%m/!n$E C,!rd )%/$ f%rmD ,!s t,e me!nin* *i.en in se)ti%n 1128 %f t,e C%m/!nies A)t ;;2E C,%#derD in re#!ti%n t% s,!res me!ns t,e /ers%n 0,%se n!me is entered in t,e re*ister %f mem"ers !s t,e ,%#der %f t,e s,!resE Cinstr+mentD me!ns ! d%)+ment in ,!rd )%/$ f%rmE C%rdin!r$ res%#+ti%nD ,!s t,e me!nin* *i.en in se)ti%n 8 %f t,e C%m/!nies A)t ;;2E C/!idD me!ns /!id %r )redited !s /!idE C/!rti)i/!teD@ in re#!ti%n t% ! dire)t%rs& meetin*@ ,!s t,e me!nin* *i.en in !rti)#e 1;E
ARTICLE OF ASSOCIATION NOVO CENTRE VISUAL LTD

%f t,e

C/r%=$ n%ti)eD ,!s t,e me!nin* *i.en in !rti)#e -1E Cs,!re,%#derD me!ns ! /ers%n 0,% is t,e ,%#der %f ! s,!reE Cs,!resD me!ns s,!res in t,e )%m/!n$E Cs/e)i!# res%#+ti%nD ,!s t,e me!nin* *i.en in se)ti%n 8( %f t,e C%m/!nies A)t ;;2E Cs+"sidi!r$D ,!s t,e me!nin* *i.en in se)ti%n 111: %f t,e C%m/!nies A)t ;;2E Ctr!nsmitteeD me!ns ! /ers%n entit#ed t% ! s,!re "$ re!s%n %f t,e de!t, %r "!n7r+/t)$ %f ! s,!re,%#der %r %t,er0ise "$ %/er!ti%n %f #!0E !nd C0ritin*D me!ns t,e re/resent!ti%n %r re/r%d+)ti%n %f 0%rds@ s$m"%#s %r %t,er inf%rm!ti%n in ! .isi"#e f%rm "$ !n$ met,%d %r )%m"in!ti%n %f met,%ds@ 0,et,er sent %r s+//#ied in e#e)tr%ni) f%rm %r %t,er0ise. 9n#ess t,e )%nte=t %t,er0ise reA+ires@ %t,er 0%rds %r e=/ressi%ns )%nt!ined in t,ese !rti)#es "e!r t,e s!me me!nin* !s in t,e C%m/!nies A)t ;;2 !s in f%r)e %n t,e d!te 0,en t,ese !rti)#es "e)%me "indin* %n t,e )%m/!n$. Li !i"it# $f mem!ers 2. T,e #i!"i#it$ %f t,e mem"ers is #imited t% t,e !m%+nt@ if !n$@ +n/!id %n t,e s,!res ,e#d "$ t,em.

PART DIRECTORS
DIRECTORS& PO'ERS AND RESPONSIBILITIES Dire%t$rs& 'ener " (t)$rit# *. S+">e)t t% t,e !rti)#es@ t,e dire)t%rs !re res/%nsi"#e f%r t,e m!n!*ement %f t,e )%m/!n$&s "+siness@ f%r 0,i), /+r/%se t,e$ m!$ e=er)ise !## t,e /%0ers %f t,e )%m/!n$. S) re)$"ders& reser+e ,$-er ..BF1G T,e s,!re,%#ders m!$@ "$ s/e)i!# res%#+ti%n@ dire)t t,e dire)t%rs t% t!7e@ %r refr!in fr%m t!7in*@ s/e)ified !)ti%n. F G N% s+), s/e)i!# res%#+ti%n in.!#id!tes !n$t,in* 0,i), t,e dire)t%rs ,!.e d%ne "ef%re t,e /!ssin* %f t,e res%#+ti%n. Dire%t$rs m # de"e' te

ARTICLE OF ASSOCIATION

NOVO CENTRE VISUAL LTD

/.BF1G S+">e)t t% t,e !rti)#es@ t,e dire)t%rs m!$ de#e*!te !n$ %f t,e /%0ers 0,i), !re )%nferred %n t,em +nder t,e !rti)#esB F!G t% s+), /ers%n %r )%mmitteeE F"G "$ s+), me!ns Fin)#+din* "$ /%0er %f !tt%rne$GE F)G t% s+), !n e=tentE FdG in re#!ti%n t% s+), m!tters %r territ%riesE !nd FeG %n s+), terms !nd )%nditi%nsE !s t,e$ t,in7 fit. F G If t,e dire)t%rs s% s/e)if$@ !n$ s+), de#e*!ti%n m!$ !+t,%rise f+rt,er de#e*!ti%n %f t,e dire)t%rs& /%0ers "$ !n$ /ers%n t% 0,%m t,e$ !re de#e*!ted. F(G T,e dire)t%rs m!$ re.%7e !n$ de#e*!ti%n in 0,%#e %r /!rt@ %r !#ter its terms !nd )%nditi%ns. C$mmittees 6.BF1G C%mmittees t% 0,i), t,e dire)t%rs de#e*!te !n$ %f t,eir /%0ers m+st f%##%0 /r%)ed+res 0,i), !re "!sed !s f!r !s t,e$ !re !//#i)!"#e %n t,%se /r%.isi%ns %f t,e !rti)#es 0,i), *%.ern t,e t!7in* %f de)isi%ns "$ dire)t%rs. F G T,e dire)t%rs m!$ m!7e r+#es %f /r%)ed+re f%r !## %r !n$ )%mmittees@ 0,i), /re.!i# %.er r+#es deri.ed fr%m t,e !rti)#es if t,e$ !re n%t )%nsistent 0it, t,em. DECISION3MA4IN5 BY DIRECTORS Dire%t$rs t$ t 0e de%isi$ns %$""e%ti+e"# 1.BF1G T,e *ener!# r+#e !"%+t de)isi%n3m!7in* "$ dire)t%rs is t,!t !n$ de)isi%n %f t,e dire)t%rs m+st "e eit,er ! m!>%rit$ de)isi%n !t ! meetin* %r ! de)isi%n t!7en in !))%rd!n)e 0it, !rti)#e 8. F G IfB F!G t,e )%m/!n$ %n#$ ,!s %ne dire)t%r@ !nd F"G n% /r%.isi%n %f t,e !rti)#es reA+ires it t% ,!.e m%re t,!n %ne dire)t%r@ t,e *ener!# r+#e d%es n%t !//#$@ !nd t,e dire)t%r m!$ t!7e de)isi%ns 0it,%+t re*!rd t% !n$ %f t,e /r%.isi%ns %f t,e !rti)#es re#!tin* t% dire)t%rs& de)isi%n3m!7in*. Un nim$(s de%isi$ns 2.BF1G A de)isi%n %f t,e dire)t%rs is t!7en in !))%rd!n)e 0it, t,is !rti)#e 0,en !## e#i*i"#e dire)t%rs indi)!te t% e!), %t,er "$ !n$ me!ns t,!t t,e$ s,!re ! )%mm%n .ie0 %n ! m!tter. F G S+), ! de)isi%n m!$ t!7e t,e f%rm %f ! res%#+ti%n in 0ritin*@ )%/ies %f 0,i), ,!.e "een si*ned "$ e!), e#i*i"#e dire)t%r %r t% 0,i), e!), e#i*i"#e dire)t%r ,!s %t,er0ise indi)!ted !*reement in 0ritin*. F(G Referen)es in t,is !rti)#e t% e#i*i"#e dire)t%rs !re t% dire)t%rs 0,% 0%+#d ,!.e "een entit#ed t% .%te %n t,e m!tter ,!d it "een /r%/%sed !s ! res%#+ti%n !t ! dire)t%rs& meetin*. F-G A de)isi%n m!$ n%t "e t!7en in !))%rd!n)e 0it, t,is !rti)#e if t,e e#i*i"#e dire)t%rs 0%+#d n%t ,!.e f%rmed ! A+%r+m !t s+), ! meetin*.
ARTICLE OF ASSOCIATION NOVO CENTRE VISUAL LTD

C ""in'

dire%t$rs& meetin'

3.BF1G An$ dire)t%r m!$ )!## ! dire)t%rs& meetin* "$ *i.in* n%ti)e %f t,e meetin* t% t,e dire)t%rs %r "$ !+t,%risin* t,e )%m/!n$ se)ret!r$ Fif !n$G t% *i.e s+), n%ti)e. F G N%ti)e %f !n$ dire)t%rs& meetin* m+st indi)!teB F!G its /r%/%sed d!te !nd timeE F"G 0,ere it is t% t!7e /#!)eE !nd F)G if it is !nti)i/!ted t,!t dire)t%rs /!rti)i/!tin* in t,e meetin* 0i## n%t "e in t,e s!me /#!)e@ ,%0 it is /r%/%sed t,!t t,e$ s,%+#d )%mm+ni)!te 0it, e!), %t,er d+rin* t,e meetin*. F(G N%ti)e %f ! dire)t%rs& meetin* m+st "e *i.en t% e!), dire)t%r@ "+t need n%t "e in 0ritin*. F-G N%ti)e %f ! dire)t%rs& meetin* need n%t "e *i.en t% dire)t%rs 0,% 0!i.e t,eir entit#ement t% n%ti)e %f t,!t meetin*@ "$ *i.in* n%ti)e t% t,!t effe)t t% t,e )%m/!n$ n%t m%re t,!n 6 d!$s !fter t,e d!te %n 0,i), t,e meetin* is ,e#d. ',ere s+), n%ti)e is *i.en !fter t,e meetin* ,!s "een ,e#d@ t,!t d%es n%t !ffe)t t,e .!#idit$ %f t,e meetin*@ %r %f !n$ "+siness )%nd+)ted !t it. P rti%i, ti$n in dire%t$rs& meetin's 10.BF1G S+">e)t t% t,e !rti)#es@ dire)t%rs /!rti)i/!te in ! dire)t%rs& meetin*@ %r /!rt %f ! dire)t%rs& meetin*@ 0,enB F!G t,e meetin* ,!s "een )!##ed !nd t!7es /#!)e in !))%rd!n)e 0it, t,e !rti)#es@ !nd F"G t,e$ )!n e!), )%mm+ni)!te t% t,e %t,ers !n$ inf%rm!ti%n %r %/ini%ns t,e$ ,!.e %n !n$ /!rti)+#!r item %f t,e "+siness %f t,e meetin*. F G In determinin* 0,et,er dire)t%rs !re /!rti)i/!tin* in ! dire)t%rs& meetin*@ it is irre#e.!nt 0,ere !n$ dire)t%r is %r ,%0 t,e$ )%mm+ni)!te 0it, e!), %t,er. F(G If !## t,e dire)t%rs /!rti)i/!tin* in ! meetin* !re n%t in t,e s!me /#!)e@ t,e$ m!$ de)ide t,!t t,e meetin* is t% "e tre!ted !s t!7in* /#!)e 0,ere.er !n$ %f t,em is. 4($r(m f$r dire%t$rs& meetin's 11.BF1G At ! dire)t%rs& meetin*@ +n#ess ! A+%r+m is /!rti)i/!tin*@ n% /r%/%s!# is t% "e .%ted %n@ e=)e/t ! /r%/%s!# t% )!## !n%t,er meetin*. F G T,e A+%r+m f%r dire)t%rs& meetin*s m!$ "e fi=ed fr%m time t% time "$ ! de)isi%n %f t,e dire)t%rs@ "+t it m+st ne.er "e #ess t,!n t0%@ !nd +n#ess %t,er0ise fi=ed it is t0%. F(G If t,e t%t!# n+m"er %f dire)t%rs f%r t,e time "ein* is #ess t,!n t,e A+%r+m reA+ired@ t,e dire)t%rs m+st n%t t!7e !n$ de)isi%n %t,er t,!n ! de)isi%nB F!G t% !//%int f+rt,er dire)t%rs@ %r F"G t% )!## ! *ener!# meetin* s% !s t% en!"#e t,e s,!re,%#ders t% !//%int f+rt,er dire)t%rs.

ARTICLE OF ASSOCIATION

NOVO CENTRE VISUAL LTD

C) irin' $f dire%t$rs& meetin's 12.BF1G T,e dire)t%rs m!$ !//%int ! dire)t%r t% ),!ir t,eir meetin*s. F G T,e /ers%n s% !//%inted f%r t,e time "ein* is 7n%0n !s t,e ),!irm!n. F(G T,e dire)t%rs m!$ termin!te t,e ),!irm!n&s !//%intment !t !n$ time. F-G If t,e ),!irm!n is n%t /!rti)i/!tin* in ! dire)t%rs& meetin* 0it,in ten min+tes %f t,e time !t 0,i), it 0!s t% st!rt@ t,e /!rti)i/!tin* dire)t%rs m+st !//%int %ne %f t,emse#.es t% ),!ir it. C stin' +$te 1*.BF1G If t,e n+m"ers %f .%tes f%r !nd !*!inst ! /r%/%s!# !re eA+!#@ t,e ),!irm!n %r %t,er dire)t%r ),!irin* t,e meetin* ,!s ! )!stin* .%te. F G B+t t,is d%es n%t !//#$ if@ in !))%rd!n)e 0it, t,e !rti)#es@ t,e ),!irm!n %r %t,er dire)t%r is n%t t% "e )%+nted !s /!rti)i/!tin* in t,e de)isi%n3m!7in* /r%)ess f%r A+%r+m %r .%tin* /+r/%ses. C$nf"i%ts $f interest 1..BF1G If ! /r%/%sed de)isi%n %f t,e dire)t%rs is )%n)erned 0it, !n !)t+!# %r /r%/%sed tr!ns!)ti%n %r !rr!n*ement 0it, t,e )%m/!n$ in 0,i), ! dire)t%r is interested@ t,!t dire)t%r is n%t t% "e )%+nted !s /!rti)i/!tin* in t,e de)isi%n3m!7in* /r%)ess f%r A+%r+m %r .%tin* /+r/%ses. F G B+t if /!r!*r!/, F(G !//#ies@ ! dire)t%r 0,% is interested in !n !)t+!# %r /r%/%sed tr!ns!)ti%n %r !rr!n*ement 0it, t,e )%m/!n$ is t% "e )%+nted !s /!rti)i/!tin* in t,e de)isi%n3m!7in* /r%)ess f%r A+%r+m !nd .%tin* /+r/%ses. F(G T,is /!r!*r!/, !//#ies 0,enB F!G t,e )%m/!n$ "$ %rdin!r$ res%#+ti%n dis!//#ies t,e /r%.isi%n %f t,e !rti)#es 0,i), 0%+#d %t,er0ise /re.ent ! dire)t%r fr%m "ein* )%+nted !s /!rti)i/!tin* in t,e de)isi%n3m!7in* /r%)essE F"G t,e dire)t%r&s interest )!nn%t re!s%n!"#$ "e re*!rded !s #i7e#$ t% *i.e rise t% ! )%nf#i)t %f interestE %r F)G t,e dire)t%r&s )%nf#i)t %f interest !rises fr%m ! /ermitted )!+se. F-G F%r t,e /+r/%ses %f t,is !rti)#e@ t,e f%##%0in* !re /ermitted )!+sesB F!G ! *+!r!ntee *i.en@ %r t% "e *i.en@ "$ %r t% ! dire)t%r in res/e)t %f !n %"#i*!ti%n in)+rred "$ %r %n "e,!#f %f t,e )%m/!n$ %r !n$ %f its s+"sidi!riesE F"G s+"s)ri/ti%n@ %r !n !*reement t% s+"s)ri"e@ f%r s,!res %r %t,er se)+rities %f t,e )%m/!n$ %r !n$ %f its s+"sidi!ries@ %r t% +nder0rite@ s+"3+nder0rite@ %r *+!r!ntee s+"s)ri/ti%n f%r !n$ s+), s,!res %r se)+ritiesE !nd F)G !rr!n*ements /+rs+!nt t% 0,i), "enefits !re m!de !.!i#!"#e t% em/#%$ees !nd dire)t%rs %r f%rmer em/#%$ees !nd dire)t%rs %f t,e )%m/!n$ %r !n$ %f its s+"sidi!ries 0,i), d% n%t /r%.ide s/e)i!# "enefits f%r dire)t%rs %r f%rmer dire)t%rs. F1G F%r t,e /+r/%ses %f t,is !rti)#e@ referen)es t% /r%/%sed de)isi%ns !nd de)isi%n3 m!7in* /r%)esses in)#+de !n$ dire)t%rs& meetin* %r /!rt %f ! dire)t%rs& meetin*.

ARTICLE OF ASSOCIATION

NOVO CENTRE VISUAL LTD

F2G S+">e)t t% /!r!*r!/, F6G@ if ! A+esti%n !rises !t ! meetin* %f dire)t%rs %r %f ! )%mmittee %f dire)t%rs !s t% t,e ri*,t %f ! dire)t%r t% /!rti)i/!te in t,e meetin* F%r /!rt %f t,e meetin*G f%r .%tin* %r A+%r+m /+r/%ses@ t,e A+esti%n m!$@ "ef%re t,e )%n)#+si%n %f t,e meetin*@ "e referred t% t,e ),!irm!n 0,%se r+#in* in re#!ti%n t% !n$ dire)t%r %t,er t,!n t,e ),!irm!n is t% "e fin!# !nd )%n)#+si.e. F6G If !n$ A+esti%n !s t% t,e ri*,t t% /!rti)i/!te in t,e meetin* F%r /!rt %f t,e meetin*G s,%+#d !rise in res/e)t %f t,e ),!irm!n@ t,e A+esti%n is t% "e de)ided "$ ! de)isi%n %f t,e dire)t%rs !t t,!t meetin*@ f%r 0,i), /+r/%se t,e ),!irm!n is n%t t% "e )%+nted !s /!rti)i/!tin* in t,e meetin* F%r t,!t /!rt %f t,e meetin*G f%r .%tin* %r A+%r+m /+r/%ses. Re%$rds $f de%isi$ns t$ !e 0e,t 1/. T,e dire)t%rs m+st ens+re t,!t t,e )%m/!n$ 7ee/s ! re)%rd@ in 0ritin*@ f%r !t #e!st 1; $e!rs fr%m t,e d!te %f t,e de)isi%n re)%rded@ %f e.er$ +n!nim%+s %r m!>%rit$ de)isi%n t!7en "$ t,e dire)t%rs. Dire%t$rs& dis%reti$n t$ m 0e f(rt)er r("es 16. S+">e)t t% t,e !rti)#es@ t,e dire)t%rs m!$ m!7e !n$ r+#e 0,i), t,e$ t,in7 fit !"%+t ,%0 t,e$ t!7e de)isi%ns@ !nd !"%+t ,%0 s+), r+#es !re t% "e re)%rded %r )%mm+ni)!ted t% dire)t%rs. APPOINTMENT OF DIRECTORS Met)$ds $f ,,$intin' dire%t$rs 11.BF1G An$ /ers%n 0,% is 0i##in* t% !)t !s ! dire)t%r@ !nd is /ermitted "$ #!0 t% d% s%@ m!$ "e !//%inted t% "e ! dire)t%rB F!G "$ %rdin!r$ res%#+ti%n@ %r F"G "$ ! de)isi%n %f t,e dire)t%rs. F G In !n$ )!se 0,ere@ !s ! res+#t %f de!t,@ t,e )%m/!n$ ,!s n% s,!re,%#ders !nd n% dire)t%rs@ t,e /ers%n!# re/resent!ti.es %f t,e #!st s,!re,%#der t% ,!.e died ,!.e t,e ri*,t@ "$ n%ti)e in 0ritin*@ t% !//%int ! /ers%n t% "e ! dire)t%r. F(G F%r t,e /+r/%ses %f /!r!*r!/, F G@ 0,ere %r m%re s,!re,%#ders die in )ir)+mst!n)es renderin* it +n)ert!in 0,% 0!s t,e #!st t% die@ ! $%+n*er s,!re,%#der is deemed t% ,!.e s+r.i.ed !n %#der s,!re,%#der. Termin ti$n $f dire%t$r&s ,,$intment 12. A /ers%n )e!ses t% "e ! dire)t%r !s s%%n !sB F!G t,!t /ers%n )e!ses t% "e ! dire)t%r "$ .irt+e %f !n$ /r%.isi%n %f t,e C%m/!nies A)t ;;2 %r is /r%,i"ited fr%m "ein* ! dire)t%r "$ #!0E F"G ! "!n7r+/t)$ %rder is m!de !*!inst t,!t /ers%nE F)G ! )%m/%siti%n is m!de 0it, t,!t /ers%n&s )redit%rs *ener!##$ in s!tisf!)ti%n %f t,!t
ARTICLE OF ASSOCIATION NOVO CENTRE VISUAL LTD

/ers%n&s de"tsE FdG ! re*istered medi)!# /r!)titi%ner 0,% is tre!tin* t,!t /ers%n *i.es ! 0ritten %/ini%n t% t,e )%m/!n$ st!tin* t,!t t,!t /ers%n ,!s "e)%me /,$si)!##$ %r ment!##$ in)!/!"#e %f !)tin* !s ! dire)t%r !nd m!$ rem!in s% f%r m%re t,!n t,ree m%nt,sE FeG "$ re!s%n %f t,!t /ers%n&s ment!# ,e!#t,@ ! )%+rt m!7es !n %rder 0,i), 0,%##$ %r /!rt#$ /re.ents t,!t /ers%n fr%m /ers%n!##$ e=er)isin* !n$ /%0ers %r ri*,ts 0,i), t,!t /ers%n 0%+#d %t,er0ise ,!.eE FfG n%tifi)!ti%n is re)ei.ed "$ t,e )%m/!n$ fr%m t,e dire)t%r t,!t t,e dire)t%r is resi*nin* fr%m %ffi)e@ !nd s+), resi*n!ti%n ,!s t!7en effe)t in !))%rd!n)e 0it, its terms. Dire%t$rs& rem(ner ti$n 13.BF1G Dire)t%rs m!$ +ndert!7e !n$ ser.i)es f%r t,e )%m/!n$ t,!t t,e dire)t%rs de)ide. F G Dire)t%rs !re entit#ed t% s+), rem+ner!ti%n !s t,e dire)t%rs determineB F!G f%r t,eir ser.i)es t% t,e )%m/!n$ !s dire)t%rs@ !nd F"G f%r !n$ %t,er ser.i)e 0,i), t,e$ +ndert!7e f%r t,e )%m/!n$. F(G S+">e)t t% t,e !rti)#es@ ! dire)t%r&s rem+ner!ti%n m!$B F!G t!7e !n$ f%rm@ !nd F"G in)#+de !n$ !rr!n*ements in )%nne)ti%n 0it, t,e /!$ment %f ! /ensi%n@ !##%0!n)e %r *r!t+it$@ %r !n$ de!t,@ si)7ness %r dis!"i#it$ "enefits@ t% %r in res/e)t %f t,!t dire)t%r. F-G 9n#ess t,e dire)t%rs de)ide %t,er0ise@ dire)t%rs& rem+ner!ti%n !))r+es fr%m d!$ t% d!$. F1G 9n#ess t,e dire)t%rs de)ide %t,er0ise@ dire)t%rs !re n%t !))%+nt!"#e t% t,e )%m/!n$ f%r !n$ rem+ner!ti%n 0,i), t,e$ re)ei.e !s dire)t%rs %r %t,er %ffi)ers %r em/#%$ees %f t,e )%m/!n$&s s+"sidi!ries %r %f !n$ %t,er "%d$ )%r/%r!te in 0,i), t,e )%m/!n$ is interested. Dire%t$rs& e5,enses 20. T,e )%m/!n$ m!$ /!$ !n$ re!s%n!"#e e=/enses 0,i), t,e dire)t%rs /r%/er#$ in)+r in )%nne)ti%n 0it, t,eir !ttend!n)e !tB F!G meetin*s %f dire)t%rs %r )%mmittees %f dire)t%rs@ F"G *ener!# meetin*s@ %r F)G se/!r!te meetin*s %f t,e ,%#ders %f !n$ )#!ss %f s,!res %r %f de"ent+res %f t,e )%m/!n$@ %r %t,er0ise in )%nne)ti%n 0it, t,e e=er)ise %f t,eir /%0ers !nd t,e dis),!r*e %f t,eir res/%nsi"i#ities in re#!ti%n t% t,e )%m/!n$.

PART ( SHARES AND DISTRIB9TIONS

SHARES
ARTICLE OF ASSOCIATION NOVO CENTRE VISUAL LTD

A"" s) res t$ !e f(""# , id (, 21.BF1G N% s,!re is t% "e iss+ed f%r #ess t,!n t,e !**re*!te %f its n%min!# .!#+e !nd !n$ /remi+m t% "e /!id t% t,e )%m/!n$ in )%nsider!ti%n f%r its iss+e. F G T,is d%es n%t !//#$ t% s,!res t!7en %n t,e f%rm!ti%n %f t,e )%m/!n$ "$ t,e s+"s)ri"ers t% t,e )%m/!n$&s mem%r!nd+m. P$-ers t$ iss(e different %" sses $f s) re 22.BF1G S+">e)t t% t,e !rti)#es@ "+t 0it,%+t /re>+di)e t% t,e ri*,ts !tt!),ed t% !n$ e=istin* s,!re@ t,e )%m/!n$ m!$ iss+e s,!res 0it, s+), ri*,ts %r restri)ti%ns !s m!$ "e determined "$ %rdin!r$ res%#+ti%n. F G T,e )%m/!n$ m!$ iss+e s,!res 0,i), !re t% "e redeemed@ %r !re #i!"#e t% "e redeemed !t t,e %/ti%n %f t,e )%m/!n$ %r t,e ,%#der@ !nd t,e dire)t%rs m!$ determine t,e terms@ )%nditi%ns !nd m!nner %f redem/ti%n %f !n$ s+), s,!res. C$m, n# n$t !$(nd !# "ess t) n !s$"(te interests 2*. E=)e/t !s reA+ired "$ #!0@ n% /ers%n is t% "e re)%*nised "$ t,e )%m/!n$ !s ,%#din* !n$ s,!re +/%n !n$ tr+st@ !nd e=)e/t !s %t,er0ise reA+ired "$ #!0 %r t,e !rti)#es@ t,e )%m/!n$ is n%t in !n$ 0!$ t% "e "%+nd "$ %r re)%*nise !n$ interest in ! s,!re %t,er t,!n t,e ,%#der&s !"s%#+te %0ners,i/ %f it !nd !## t,e ri*,ts !tt!),in* t% it. S) re %ertifi% tes 2..BF1G T,e )%m/!n$ m+st iss+e e!), s,!re,%#der@ free %f ),!r*e@ 0it, %ne %r m%re )ertifi)!tes in res/e)t %f t,e s,!res 0,i), t,!t s,!re,%#der ,%#ds. F G E.er$ )ertifi)!te m+st s/e)if$B F!G in res/e)t %f ,%0 m!n$ s,!res@ %f 0,!t )#!ss@ it is iss+edE F"G t,e n%min!# .!#+e %f t,%se s,!resE F)G t,!t t,e s,!res !re f+##$ /!idE !nd FdG !n$ distin*+is,in* n+m"ers !ssi*ned t% t,em. F(G N% )ertifi)!te m!$ "e iss+ed in res/e)t %f s,!res %f m%re t,!n %ne )#!ss. F-G If m%re t,!n %ne /ers%n ,%#ds ! s,!re@ %n#$ %ne )ertifi)!te m!$ "e iss+ed in res/e)t %f it. F1G Certifi)!tes m+stB F!G ,!.e !ffi=ed t% t,em t,e )%m/!n$&s )%mm%n se!#@ %r F"G "e %t,er0ise e=e)+ted in !))%rd!n)e 0it, t,e C%m/!nies A)ts. Re," %ement s) re %ertifi% tes 2/.BF1G If ! )ertifi)!te iss+ed in res/e)t %f ! s,!re,%#der&s s,!res isB F!G d!m!*ed %r def!)ed@ %r F"G s!id t% "e #%st@ st%#en %r destr%$ed@ t,!t s,!re,%#der is entit#ed t% "e iss+ed 0it, ! re/#!)ement )ertifi)!te in res/e)t %f t,e s!me s,!res.
ARTICLE OF ASSOCIATION NOVO CENTRE VISUAL LTD

F G A s,!re,%#der e=er)isin* t,e ri*,t t% "e iss+ed 0it, s+), ! re/#!)ement )ertifi)!te B F!G m!$ !t t,e s!me time e=er)ise t,e ri*,t t% "e iss+ed 0it, ! sin*#e )ertifi)!te %r se/!r!te )ertifi)!tesE F"G m+st ret+rn t,e )ertifi)!te 0,i), is t% "e re/#!)ed t% t,e )%m/!n$ if it is d!m!*ed %r def!)edE !nd F)G m+st )%m/#$ 0it, s+), )%nditi%ns !s t% e.iden)e@ indemnit$ !nd t,e /!$ment %f ! re!s%n!"#e fee !s t,e dire)t%rs de)ide. S) re tr nsfers 26.BF1G S,!res m!$ "e tr!nsferred "$ me!ns %f !n instr+ment %f tr!nsfer in !n$ +s+!# f%rm %r !n$ %t,er f%rm !//r%.ed "$ t,e dire)t%rs@ 0,i), is e=e)+ted "$ %r %n "e,!#f %f t,e tr!nsfer%r. F G N% fee m!$ "e ),!r*ed f%r re*isterin* !n$ instr+ment %f tr!nsfer %r %t,er d%)+ment re#!tin* t% %r !ffe)tin* t,e tit#e t% !n$ s,!re. F(G T,e )%m/!n$ m!$ ret!in !n$ instr+ment %f tr!nsfer 0,i), is re*istered. F-G T,e tr!nsfer%r rem!ins t,e ,%#der %f ! s,!re +nti# t,e tr!nsferee&s n!me is entered in t,e re*ister %f mem"ers !s ,%#der %f it. F1G T,e dire)t%rs m!$ ref+se t% re*ister t,e tr!nsfer %f ! s,!re@ !nd if t,e$ d% s%@ t,e instr+ment %f tr!nsfer m+st "e ret+rned t% t,e tr!nsferee 0it, t,e n%ti)e %f ref+s!# +n#ess t,e$ s+s/e)t t,!t t,e /r%/%sed tr!nsfer m!$ "e fr!+d+#ent. Tr nsmissi$n $f s) res 21.BF1G If tit#e t% ! s,!re /!sses t% ! tr!nsmittee@ t,e )%m/!n$ m!$ %n#$ re)%*nise t,e tr!nsmittee !s ,!.in* !n$ tit#e t% t,!t s,!re. F G A tr!nsmittee 0,% /r%d+)es s+), e.iden)e %f entit#ement t% s,!res !s t,e dire)t%rs m!$ /r%/er#$ reA+ireB F!G m!$@ s+">e)t t% t,e !rti)#es@ ),%%se eit,er t% "e)%me t,e ,%#der %f t,%se s,!res %r t% ,!.e t,em tr!nsferred t% !n%t,er /ers%n@ !nd F"G s+">e)t t% t,e !rti)#es@ !nd /endin* !n$ tr!nsfer %f t,e s,!res t% !n%t,er /ers%n@ ,!s t,e s!me ri*,ts !s t,e ,%#der ,!d. F(G B+t tr!nsmittees d% n%t ,!.e t,e ri*,t t% !ttend %r .%te !t ! *ener!# meetin*@ %r !*ree t% ! /r%/%sed 0ritten res%#+ti%n@ in res/e)t %f s,!res t% 0,i), t,e$ !re entit#ed@ "$ re!s%n %f t,e ,%#der&s de!t, %r "!n7r+/t)$ %r %t,er0ise@ +n#ess t,e$ "e)%me t,e ,%#ders %f t,%se s,!res. E5er%ise $f tr nsmittees& ri')ts 22.BF1G Tr!nsmittees 0,% 0is, t% "e)%me t,e ,%#ders %f s,!res t% 0,i), t,e$ ,!.e "e)%me entit#ed m+st n%tif$ t,e )%m/!n$ in 0ritin* %f t,!t 0is,. F G If t,e tr!nsmittee 0is,es t% ,!.e ! s,!re tr!nsferred t% !n%t,er /ers%n@ t,e tr!nsmittee m+st e=e)+te !n instr+ment %f tr!nsfer in res/e)t %f it.

ARTICLE OF ASSOCIATION

NOVO CENTRE VISUAL LTD

F(G An$ tr!nsfer m!de %r e=e)+ted +nder t,is !rti)#e is t% "e tre!ted !s if it 0ere m!de %r e=e)+ted "$ t,e /ers%n fr%m 0,%m t,e tr!nsmittee ,!s deri.ed ri*,ts in res/e)t %f t,e s,!re@ !nd !s if t,e e.ent 0,i), *!.e rise t% t,e tr!nsmissi%n ,!d n%t %))+rred. Tr nsmittees !$(nd !# ,ri$r n$ti%es 23. If ! n%ti)e is *i.en t% ! s,!re,%#der in res/e)t %f s,!res !nd ! tr!nsmittee is entit#ed t% t,%se s,!res@ t,e tr!nsmittee is "%+nd "$ t,e n%ti)e if it 0!s *i.en t% t,e s,!re,%#der "ef%re t,e tr!nsmittee&s n!me ,!s "een entered in t,e re*ister %f mem"ers. DIVIDENDS AND OTHER DISTRIB9TIONS Pr$%ed(re f$r de%" rin' di+idends *0.BF1G T,e )%m/!n$ m!$ "$ %rdin!r$ res%#+ti%n de)#!re di.idends@ !nd t,e dire)t%rs m!$ de)ide t% /!$ interim di.idends. F G A di.idend m+st n%t "e de)#!red +n#ess t,e dire)t%rs ,!.e m!de ! re)%mmend!ti%n !s t% its !m%+nt. S+), ! di.idend m+st n%t e=)eed t,e !m%+nt re)%mmended "$ t,e dire)t%rs. F(G N% di.idend m!$ "e de)#!red %r /!id +n#ess it is in !))%rd!n)e 0it, s,!re,%#ders& res/e)ti.e ri*,ts. F-G 9n#ess t,e s,!re,%#ders& res%#+ti%n t% de)#!re %r dire)t%rs& de)isi%n t% /!$ ! di.idend@ %r t,e terms %n 0,i), s,!res !re iss+ed@ s/e)if$ %t,er0ise@ it m+st "e /!id "$ referen)e t% e!), s,!re,%#der&s ,%#din* %f s,!res %n t,e d!te %f t,e res%#+ti%n %r de)isi%n t% de)#!re %r /!$ it. F1G If t,e )%m/!n$&s s,!re )!/it!# is di.ided int% different )#!sses@ n% interim di.idend m!$ "e /!id %n s,!res )!rr$in* deferred %r n%n3/referred ri*,ts if@ !t t,e time %f /!$ment@ !n$ /referenti!# di.idend is in !rre!r. F2G T,e dire)t%rs m!$ /!$ !t inter.!#s !n$ di.idend /!$!"#e !t ! fi=ed r!te if it !//e!rs t% t,em t,!t t,e /r%fits !.!i#!"#e f%r distri"+ti%n >+stif$ t,e /!$ment. F6G If t,e dire)t%rs !)t in *%%d f!it,@ t,e$ d% n%t in)+r !n$ #i!"i#it$ t% t,e ,%#ders %f s,!res )%nferrin* /referred ri*,ts f%r !n$ #%ss t,e$ m!$ s+ffer "$ t,e #!0f+# /!$ment %f !n interim di.idend %n s,!res 0it, deferred %r n%n3/referred ri*,ts. P #ment $f di+idends nd $t)er distri!(ti$ns *1.BF1G ',ere ! di.idend %r %t,er s+m 0,i), is ! distri"+ti%n is /!$!"#e in res/e)t %f ! s,!re@ it m+st "e /!id "$ %ne %r m%re %f t,e f%##%0in* me!nsB F!G tr!nsfer t% ! "!n7 %r "+i#din* s%)iet$ !))%+nt s/e)ified "$ t,e distri"+ti%n re)i/ient eit,er in 0ritin* %r !s t,e dire)t%rs m!$ %t,er0ise de)ideE F"G sendin* ! ),eA+e m!de /!$!"#e t% t,e distri"+ti%n re)i/ient "$ /%st t% t,e distri"+ti%n re)i/ient !t t,e distri"+ti%n re)i/ient&s re*istered !ddress Fif t,e distri"+ti%n re)i/ient is ! ,%#der %f t,e s,!reG@ %r Fin !n$ %t,er )!seG t% !n !ddress s/e)ified "$ t,e distri"+ti%n re)i/ient eit,er in 0ritin* %r !s t,e dire)t%rs m!$ %t,er0ise de)ideE
ARTICLE OF ASSOCIATION NOVO CENTRE VISUAL LTD

F)G sendin* ! ),eA+e m!de /!$!"#e t% s+), /ers%n "$ /%st t% s+), /ers%n !t s+), !ddress !s t,e distri"+ti%n re)i/ient ,!s s/e)ified eit,er in 0ritin* %r !s t,e dire)t%rs m!$ %t,er0ise de)ideE %r FdG !n$ %t,er me!ns %f /!$ment !s t,e dire)t%rs !*ree 0it, t,e distri"+ti%n re)i/ient eit,er in 0ritin* %r "$ s+), %t,er me!ns !s t,e dire)t%rs de)ide. F G In t,e !rti)#es@ Ct,e distri"+ti%n re)i/ientD me!ns@ in res/e)t %f ! s,!re in res/e)t %f 0,i), ! di.idend %r %t,er s+m is /!$!"#eB F!G t,e ,%#der %f t,e s,!reE %r F"G if t,e s,!re ,!s t0% %r m%re >%int ,%#ders@ 0,i),e.er %f t,em is n!med first in t,e re*ister %f mem"ersE %r F)G if t,e ,%#der is n% #%n*er entit#ed t% t,e s,!re "$ re!s%n %f de!t, %r "!n7r+/t)$@ %r %t,er0ise "$ %/er!ti%n %f #!0@ t,e tr!nsmittee. N$ interest $n distri!(ti$ns *2. T,e )%m/!n$ m!$ n%t /!$ interest %n !n$ di.idend %r %t,er s+m /!$!"#e in res/e)t %f ! s,!re +n#ess %t,er0ise /r%.ided "$B F!G t,e terms %n 0,i), t,e s,!re 0!s iss+ed@ %r F"G t,e /r%.isi%ns %f !n%t,er !*reement "et0een t,e ,%#der %f t,!t s,!re !nd t,e )%m/!n$. Un%" imed distri!(ti$ns **.BF1G A## di.idends %r %t,er s+ms 0,i), !reB F!G /!$!"#e in res/e)t %f s,!res@ !nd F"G +n)#!imed !fter ,!.in* "een de)#!red %r "e)%me /!$!"#e@ m!$ "e in.ested %r %t,er0ise m!de +se %f "$ t,e dire)t%rs f%r t,e "enefit %f t,e )%m/!n$ +nti# )#!imed. F G T,e /!$ment %f !n$ s+), di.idend %r %t,er s+m int% ! se/!r!te !))%+nt d%es n%t m!7e t,e )%m/!n$ ! tr+stee in res/e)t %f it. F(G IfB F!G t0e#.e $e!rs ,!.e /!ssed fr%m t,e d!te %n 0,i), ! di.idend %r %t,er s+m "e)!me d+e f%r /!$ment@ !nd F"G t,e distri"+ti%n re)i/ient ,!s n%t )#!imed it@ t,e distri"+ti%n re)i/ient is n% #%n*er entit#ed t% t,!t di.idend %r %t,er s+m !nd it )e!ses t% rem!in %0in* "$ t,e )%m/!n$. N$n6% s) distri!(ti$ns *..BF1G S+">e)t t% t,e terms %f iss+e %f t,e s,!re in A+esti%n@ t,e )%m/!n$ m!$@ "$ %rdin!r$ res%#+ti%n %n t,e re)%mmend!ti%n %f t,e dire)t%rs@ de)ide t% /!$ !## %r /!rt %f ! di.idend %r %t,er distri"+ti%n /!$!"#e in res/e)t %f ! s,!re "$ tr!nsferrin* n%n3 )!s, !ssets %f eA+i.!#ent .!#+e Fin)#+din*@ 0it,%+t #imit!ti%n@ s,!res %r %t,er se)+rities in !n$ )%m/!n$G. F G F%r t,e /+r/%ses %f /!$in* ! n%n3)!s, distri"+ti%n@ t,e dire)t%rs m!$ m!7e 0,!te.er

ARTICLE OF ASSOCIATION

NOVO CENTRE VISUAL LTD

!rr!n*ements t,e$ t,in7 fit@ in)#+din*@ 0,ere !n$ diffi)+#t$ !rises re*!rdin* t,e distri"+ti%nB F!G fi=in* t,e .!#+e %f !n$ !ssetsE F"G /!$in* )!s, t% !n$ distri"+ti%n re)i/ient %n t,e "!sis %f t,!t .!#+e in %rder t% !d>+st t,e ri*,ts %f re)i/ientsE !nd F)G .estin* !n$ !ssets in tr+stees. 7 i+er $f distri!(ti$ns */. Distri"+ti%n re)i/ients m!$ 0!i.e t,eir entit#ement t% ! di.idend %r %t,er distri"+ti%n /!$!"#e in res/e)t %f ! s,!re "$ *i.in* t,e )%m/!n$ n%ti)e in 0ritin* t% t,!t effe)t@ "+t ifB F!G t,e s,!re ,!s m%re t,!n %ne ,%#der@ %r F"G m%re t,!n %ne /ers%n is entit#ed t% t,e s,!re@ 0,et,er "$ re!s%n %f t,e de!t, %r "!n7r+/t)$ %f %ne %r m%re >%int ,%#ders@ %r %t,er0ise@ t,e n%ti)e is n%t effe)ti.e +n#ess it is e=/ressed t% "e *i.en@ !nd si*ned@ "$ !## t,e ,%#ders %r /ers%ns %t,er0ise entit#ed t% t,e s,!re.

CAPITALISATION OF PROFITS A(t)$rit# t$ % ,it "ise nd ,,r$,ri ti$n $f % ,it "ised s(ms *6.BF1G S+">e)t t% t,e !rti)#es@ t,e dire)t%rs m!$@ if t,e$ !re s% !+t,%rised "$ !n %rdin!r$ res%#+ti%nB F!G de)ide t% )!/it!#ise !n$ /r%fits %f t,e )%m/!n$ F0,et,er %r n%t t,e$ !re !.!i#!"#e f%r distri"+ti%nG 0,i), !re n%t reA+ired f%r /!$in* ! /referenti!# di.idend@ %r !n$ s+m st!ndin* t% t,e )redit %f t,e )%m/!n$&s s,!re /remi+m !))%+nt %r )!/it!# redem/ti%n reser.eE !nd F"G !//r%/ri!te !n$ s+m 0,i), t,e$ s% de)ide t% )!/it!#ise F! C)!/it!#ised s+mDG t% t,e /ers%ns 0,% 0%+#d ,!.e "een entit#ed t% it if it 0ere distri"+ted "$ 0!$ %f di.idend Ft,e C/ers%ns entit#edDG !nd in t,e s!me /r%/%rti%ns. F G C!/it!#ised s+ms m+st "e !//#iedB F!G %n "e,!#f %f t,e /ers%ns entit#ed@ !nd F"G in t,e s!me /r%/%rti%ns !s ! di.idend 0%+#d ,!.e "een distri"+ted t% t,em. F(G An$ )!/it!#ised s+m m!$ "e !//#ied in /!$in* +/ ne0 s,!res %f ! n%min!# !m%+nt eA+!# t% t,e )!/it!#ised s+m 0,i), !re t,en !##%tted )redited !s f+##$ /!id t% t,e /ers%ns entit#ed %r !s t,e$ m!$ dire)t. F-G A )!/it!#ised s+m 0,i), 0!s !//r%/ri!ted fr%m /r%fits !.!i#!"#e f%r distri"+ti%n m!$ "e !//#ied in /!$in* +/ ne0 de"ent+res %f t,e )%m/!n$ 0,i), !re t,en !##%tted )redited !s f+##$ /!id t% t,e /ers%ns entit#ed %r !s t,e$ m!$ dire)t. F1G S+">e)t t% t,e !rti)#es t,e dire)t%rs m!$B F!G !//#$ )!/it!#ised s+ms in !))%rd!n)e 0it, /!r!*r!/,s F(G !nd F-G /!rt#$ in %ne 0!$ !nd /!rt#$ in !n%t,erE

ARTICLE OF ASSOCIATION

NOVO CENTRE VISUAL LTD

F"G m!7e s+), !rr!n*ements !s t,e$ t,in7 fit t% de!# 0it, s,!res %r de"ent+res "e)%min* distri"+t!"#e in fr!)ti%ns +nder t,is !rti)#e Fin)#+din* t,e iss+in* %f fr!)ti%n!# )ertifi)!tes %r t,e m!7in* %f )!s, /!$mentsGE !nd F)G !+t,%rise !n$ /ers%n t% enter int% !n !*reement 0it, t,e )%m/!n$ %n "e,!#f %f !## t,e /ers%ns entit#ed 0,i), is "indin* %n t,em in res/e)t %f t,e !##%tment %f s,!res !nd de"ent+res t% t,em +nder t,is !rti)#e.

PART DECISION3MA4IN5 BY SHAREHOLDERS

OR5ANISATION OF 5ENERAL MEETIN5S Attend n%e nd s,e 0in' t 'ener " meetin's *1.BF1G A /ers%n is !"#e t% e=er)ise t,e ri*,t t% s/e!7 !t ! *ener!# meetin* 0,en t,!t /ers%n is in ! /%siti%n t% )%mm+ni)!te t% !## t,%se !ttendin* t,e meetin*@ d+rin* t,e meetin*@ !n$ inf%rm!ti%n %r %/ini%ns 0,i), t,!t /ers%n ,!s %n t,e "+siness %f t,e meetin*. F G A /ers%n is !"#e t% e=er)ise t,e ri*,t t% .%te !t ! *ener!# meetin* 0,enB F!G t,!t /ers%n is !"#e t% .%te@ d+rin* t,e meetin*@ %n res%#+ti%ns /+t t% t,e .%te !t t,e meetin*@ !nd F"G t,!t /ers%n&s .%te )!n "e t!7en int% !))%+nt in determinin* 0,et,er %r n%t s+), res%#+ti%ns !re /!ssed !t t,e s!me time !s t,e .%tes %f !## t,e %t,er /ers%ns !ttendin* t,e meetin*. F(G T,e dire)t%rs m!$ m!7e 0,!te.er !rr!n*ements t,e$ )%nsider !//r%/ri!te t% en!"#e t,%se !ttendin* ! *ener!# meetin* t% e=er)ise t,eir ri*,ts t% s/e!7 %r .%te !t it. F-G In determinin* !ttend!n)e !t ! *ener!# meetin*@ it is imm!teri!# 0,et,er !n$ t0% %r m%re mem"ers !ttendin* it !re in t,e s!me /#!)e !s e!), %t,er. F1G T0% %r m%re /ers%ns 0,% !re n%t in t,e s!me /#!)e !s e!), %t,er !ttend ! *ener!# meetin* if t,eir )ir)+mst!n)es !re s+), t,!t if t,e$ ,!.e F%r 0ere t% ,!.eG ri*,ts t% s/e!7 !nd .%te !t t,!t meetin*@ t,e$ !re F%r 0%+#d "eG !"#e t% e=er)ise t,em. 4($r(m f$r 'ener " meetin's *2. N% "+siness %t,er t,!n t,e !//%intment %f t,e ),!irm!n %f t,e meetin* is t% "e tr!ns!)ted !t ! *ener!# meetin* if t,e /ers%ns !ttendin* it d% n%t )%nstit+te ! A+%r+m. C) irin' 'ener " meetin's *3.BF1G If t,e dire)t%rs ,!.e !//%inted ! ),!irm!n@ t,e ),!irm!n s,!## ),!ir *ener!# meetin*s if /resent !nd 0i##in* t% d% s%. F G If t,e dire)t%rs ,!.e n%t !//%inted ! ),!irm!n@ %r if t,e ),!irm!n is +n0i##in* t% ),!ir t,e meetin* %r is n%t /resent 0it,in ten min+tes %f t,e time !t 0,i), ! meetin* 0!s d+e t% st!rtB F!G t,e dire)t%rs /resent@ %r
ARTICLE OF ASSOCIATION NOVO CENTRE VISUAL LTD

F"G Fif n% dire)t%rs !re /resentG@ t,e meetin*@ m+st !//%int ! dire)t%r %r s,!re,%#der t% ),!ir t,e meetin*@ !nd t,e !//%intment %f t,e ),!irm!n %f t,e meetin* m+st "e t,e first "+siness %f t,e meetin*. F(G T,e /ers%n ),!irin* ! meetin* in !))%rd!n)e 0it, t,is !rti)#e is referred t% !s Ct,e ),!irm!n %f t,e meetin*D. Attend n%e nd s,e 0in' !# dire%t$rs nd n$n6s) re)$"ders .0.BF1G Dire)t%rs m!$ !ttend !nd s/e!7 !t *ener!# meetin*s@ 0,et,er %r n%t t,e$ !re s,!re,%#ders. F G T,e ),!irm!n %f t,e meetin* m!$ /ermit %t,er /ers%ns 0,% !re n%tB F!G s,!re,%#ders %f t,e )%m/!n$@ %r F"G %t,er0ise entit#ed t% e=er)ise t,e ri*,ts %f s,!re,%#ders in re#!ti%n t% *ener!# meetin*s@ t% !ttend !nd s/e!7 !t ! *ener!# meetin*. Ad8$(rnment .1.BF1G If t,e /ers%ns !ttendin* ! *ener!# meetin* 0it,in ,!#f !n ,%+r %f t,e time !t 0,i), t,e meetin* 0!s d+e t% st!rt d% n%t )%nstit+te ! A+%r+m@ %r if d+rin* ! meetin* ! A+%r+m )e!ses t% "e /resent@ t,e ),!irm!n %f t,e meetin* m+st !d>%+rn it. F G T,e ),!irm!n %f t,e meetin* m!$ !d>%+rn ! *ener!# meetin* !t 0,i), ! A+%r+m is /resent ifB F!G t,e meetin* )%nsents t% !n !d>%+rnment@ %r F"G it !//e!rs t% t,e ),!irm!n %f t,e meetin* t,!t !n !d>%+rnment is ne)ess!r$ t% /r%te)t t,e s!fet$ %f !n$ /ers%n !ttendin* t,e meetin* %r ens+re t,!t t,e "+siness %f t,e meetin* is )%nd+)ted in !n %rder#$ m!nner. F(G T,e ),!irm!n %f t,e meetin* m+st !d>%+rn ! *ener!# meetin* if dire)ted t% d% s% "$ t,e meetin*. F-G ',en !d>%+rnin* ! *ener!# meetin*@ t,e ),!irm!n %f t,e meetin* m+stB F!G eit,er s/e)if$ t,e time !nd /#!)e t% 0,i), it is !d>%+rned %r st!te t,!t it is t% )%ntin+e !t ! time !nd /#!)e t% "e fi=ed "$ t,e dire)t%rs@ !nd F"G ,!.e re*!rd t% !n$ dire)ti%ns !s t% t,e time !nd /#!)e %f !n$ !d>%+rnment 0,i), ,!.e "een *i.en "$ t,e meetin*. F1G If t,e )%ntin+!ti%n %f !n !d>%+rned meetin* is t% t!7e /#!)e m%re t,!n 1- d!$s !fter it 0!s !d>%+rned@ t,e )%m/!n$ m+st *i.e !t #e!st 6 )#e!r d!$s& n%ti)e %f it Ft,!t is@ e=)#+din* t,e d!$ %f t,e !d>%+rned meetin* !nd t,e d!$ %n 0,i), t,e n%ti)e is *i.enGB F!G t% t,e s!me /ers%ns t% 0,%m n%ti)e %f t,e )%m/!n$&s *ener!# meetin*s is reA+ired t% "e *i.en@ !nd F"G )%nt!inin* t,e s!me inf%rm!ti%n 0,i), s+), n%ti)e is reA+ired t% )%nt!in. F2G N% "+siness m!$ "e tr!ns!)ted !t !n !d>%+rned *ener!# meetin* 0,i), )%+#d n%t /r%/er#$ ,!.e "een tr!ns!)ted !t t,e meetin* if t,e !d>%+rnment ,!d n%t t!7en /#!)e. VOTIN5 AT 5ENERAL MEETIN5S

ARTICLE OF ASSOCIATION

NOVO CENTRE VISUAL LTD

V$tin'9 'ener " .2. A res%#+ti%n /+t t% t,e .%te %f ! *ener!# meetin* m+st "e de)ided %n ! s,%0 %f ,!nds +n#ess ! /%## is d+#$ dem!nded in !))%rd!n)e 0it, t,e !rti)#es.

Err$rs nd dis,(tes .*.BF1G N% %">e)ti%n m!$ "e r!ised t% t,e A+!#ifi)!ti%n %f !n$ /ers%n .%tin* !t ! *ener!# meetin* e=)e/t !t t,e meetin* %r !d>%+rned meetin* !t 0,i), t,e .%te %">e)ted t% is tendered@ !nd e.er$ .%te n%t dis!##%0ed !t t,e meetin* is .!#id. F G An$ s+), %">e)ti%n m+st "e referred t% t,e ),!irm!n %f t,e meetin*@ 0,%se de)isi%n is fin!#. P$"" +$tes ...BF1G A /%## %n ! res%#+ti%n m!$ "e dem!ndedB F!G in !d.!n)e %f t,e *ener!# meetin* 0,ere it is t% "e /+t t% t,e .%te@ %r F"G !t ! *ener!# meetin*@ eit,er "ef%re ! s,%0 %f ,!nds %n t,!t res%#+ti%n %r immedi!te#$ !fter t,e res+#t %f ! s,%0 %f ,!nds %n t,!t res%#+ti%n is de)#!red. F G A /%## m!$ "e dem!nded "$B F!G t,e ),!irm!n %f t,e meetin*E F"G t,e dire)t%rsE F)G t0% %r m%re /ers%ns ,!.in* t,e ri*,t t% .%te %n t,e res%#+ti%nE %r FdG ! /ers%n %r /ers%ns re/resentin* n%t #ess t,!n %ne tent, %f t,e t%t!# .%tin* ri*,ts %f !## t,e s,!re,%#ders ,!.in* t,e ri*,t t% .%te %n t,e res%#+ti%n. F(G A dem!nd f%r ! /%## m!$ "e 0it,dr!0n ifB F!G t,e /%## ,!s n%t $et "een t!7en@ !nd F"G t,e ),!irm!n %f t,e meetin* )%nsents t% t,e 0it,dr!0!#. F-G P%##s m+st "e t!7en immedi!te#$ !nd in s+), m!nner !s t,e ),!irm!n %f t,e meetin* dire)ts. C$ntent $f ,r$5# n$ti%es ./.BF1G Pr%=ies m!$ %n#$ .!#id#$ "e !//%inted "$ ! n%ti)e in 0ritin* F! C/r%=$ n%ti)eDG 0,i),B F!G st!tes t,e n!me !nd !ddress %f t,e s,!re,%#der !//%intin* t,e /r%=$E F"G identifies t,e /ers%n !//%inted t% "e t,!t s,!re,%#der&s /r%=$ !nd t,e *ener!# meetin* in re#!ti%n t% 0,i), t,!t /ers%n is !//%intedE F)G is si*ned "$ %r %n "e,!#f %f t,e s,!re,%#der !//%intin* t,e /r%=$@ %r is !+t,enti)!ted in s+), m!nner !s t,e dire)t%rs m!$ determineE !nd FdG is de#i.ered t% t,e )%m/!n$ in !))%rd!n)e 0it, t,e !rti)#es !nd !n$ instr+)ti%ns )%nt!ined in t,e n%ti)e %f t,e *ener!# meetin* t% 0,i), t,e$ re#!te. F G T,e )%m/!n$ m!$ reA+ire /r%=$ n%ti)es t% "e de#i.ered in ! /!rti)+#!r f%rm@ !nd m!$
ARTICLE OF ASSOCIATION NOVO CENTRE VISUAL LTD

s/e)if$ different f%rms f%r different /+r/%ses. F(G Pr%=$ n%ti)es m!$ s/e)if$ ,%0 t,e /r%=$ !//%inted +nder t,em is t% .%te F%r t,!t t,e /r%=$ is t% !"st!in fr%m .%tin*G %n %ne %r m%re res%#+ti%ns. F-G 9n#ess ! /r%=$ n%ti)e indi)!tes %t,er0ise@ it m+st "e tre!ted !sB F!G !##%0in* t,e /ers%n !//%inted +nder it !s ! /r%=$ dis)reti%n !s t% ,%0 t% .%te %n !n$ !n)i##!r$ %r /r%)ed+r!# res%#+ti%ns /+t t% t,e meetin*@ !nd F"G !//%intin* t,!t /ers%n !s ! /r%=$ in re#!ti%n t% !n$ !d>%+rnment %f t,e *ener!# meetin* t% 0,i), it re#!tes !s 0e## !s t,e meetin* itse#f. De"i+er# $f ,r$5# n$ti%es .6.BF1G A /ers%n 0,% is entit#ed t% !ttend@ s/e!7 %r .%te Feit,er %n ! s,%0 %f ,!nds %r %n ! /%##G !t ! *ener!# meetin* rem!ins s% entit#ed in res/e)t %f t,!t meetin* %r !n$ !d>%+rnment %f it@ e.en t,%+*, ! .!#id /r%=$ n%ti)e ,!s "een de#i.ered t% t,e )%m/!n$ "$ %r %n "e,!#f %f t,!t /ers%n. F G An !//%intment +nder ! /r%=$ n%ti)e m!$ "e re.%7ed "$ de#i.erin* t% t,e )%m/!n$ ! n%ti)e in 0ritin* *i.en "$ %r %n "e,!#f %f t,e /ers%n "$ 0,%m %r %n 0,%se "e,!#f t,e /r%=$ n%ti)e 0!s *i.en. F(G A n%ti)e re.%7in* ! /r%=$ !//%intment %n#$ t!7es effe)t if it is de#i.ered "ef%re t,e st!rt %f t,e meetin* %r !d>%+rned meetin* t% 0,i), it re#!tes. F-G If ! /r%=$ n%ti)e is n%t e=e)+ted "$ t,e /ers%n !//%intin* t,e /r%=$@ it m+st "e !))%m/!nied "$ 0ritten e.iden)e %f t,e !+t,%rit$ %f t,e /ers%n 0,% e=e)+ted it t% e=e)+te it %n t,e !//%int%r&s "e,!#f. Amendments t$ res$"(ti$ns .1.BF1G An %rdin!r$ res%#+ti%n t% "e /r%/%sed !t ! *ener!# meetin* m!$ "e !mended "$ %rdin!r$ res%#+ti%n ifB F!G n%ti)e %f t,e /r%/%sed !mendment is *i.en t% t,e )%m/!n$ in 0ritin* "$ ! /ers%n entit#ed t% .%te !t t,e *ener!# meetin* !t 0,i), it is t% "e /r%/%sed n%t #ess t,!n -8 ,%+rs "ef%re t,e meetin* is t% t!7e /#!)e F%r s+), #!ter time !s t,e ),!irm!n %f t,e meetin* m!$ determineG@ !nd F"G t,e /r%/%sed !mendment d%es n%t@ in t,e re!s%n!"#e %/ini%n %f t,e ),!irm!n %f t,e meetin*@ m!teri!##$ !#ter t,e s)%/e %f t,e res%#+ti%n. F G A s/e)i!# res%#+ti%n t% "e /r%/%sed !t ! *ener!# meetin* m!$ "e !mended "$ %rdin!r$ res%#+ti%n@ ifB F!G t,e ),!irm!n %f t,e meetin* /r%/%ses t,e !mendment !t t,e *ener!# meetin* !t 0,i), t,e res%#+ti%n is t% "e /r%/%sed@ !nd F"G t,e !mendment d%es n%t *% "e$%nd 0,!t is ne)ess!r$ t% )%rre)t ! *r!mm!ti)!# %r %t,er n%n3s+"st!nti.e err%r in t,e res%#+ti%n. F(G If t,e ),!irm!n %f t,e meetin*@ !)tin* in *%%d f!it,@ 0r%n*#$ de)ides t,!t !n !mendment t% ! res%#+ti%n is %+t %f %rder@ t,e ),!irm!n&s err%r d%es n%t in.!#id!te t,e .%te %n t,!t res%#+ti%n.

PART 1 ADMINISTRATIVE ARRAN5EMENTS

ARTICLE OF ASSOCIATION NOVO CENTRE VISUAL LTD

Me ns $f %$mm(ni% ti$n t$ !e (sed .2.BF1G S+">e)t t% t,e !rti)#es@ !n$t,in* sent %r s+//#ied "$ %r t% t,e )%m/!n$ +nder t,e !rti)#es m!$ "e sent %r s+//#ied in !n$ 0!$ in 0,i), t,e C%m/!nies A)t ;;2 /r%.ides f%r d%)+ments %r inf%rm!ti%n 0,i), !re !+t,%rised %r reA+ired "$ !n$ /r%.isi%n %f t,!t A)t t% "e sent %r s+//#ied "$ %r t% t,e )%m/!n$. F G S+">e)t t% t,e !rti)#es@ !n$ n%ti)e %r d%)+ment t% "e sent %r s+//#ied t% ! dire)t%r in )%nne)ti%n 0it, t,e t!7in* %f de)isi%ns "$ dire)t%rs m!$ !#s% "e sent %r s+//#ied "$ t,e me!ns "$ 0,i), t,!t dire)t%r ,!s !s7ed t% "e sent %r s+//#ied 0it, s+), n%ti)es %r d%)+ments f%r t,e time "ein*. F(G A dire)t%r m!$ !*ree 0it, t,e )%m/!n$ t,!t n%ti)es %r d%)+ments sent t% t,!t dire)t%r in ! /!rti)+#!r 0!$ !re t% "e deemed t% ,!.e "een re)ei.ed 0it,in ! s/e)ified time %f t,eir "ein* sent@ !nd f%r t,e s/e)ified time t% "e #ess t,!n -8 ,%+rs. C$m, n# se "s .3.BF1G An$ )%mm%n se!# m!$ %n#$ "e +sed "$ t,e !+t,%rit$ %f t,e dire)t%rs. F G T,e dire)t%rs m!$ de)ide "$ 0,!t me!ns !nd in 0,!t f%rm !n$ )%mm%n se!# is t% "e +sed. F(G 9n#ess %t,er0ise de)ided "$ t,e dire)t%rs@ if t,e )%m/!n$ ,!s ! )%mm%n se!# !nd it is !ffi=ed t% ! d%)+ment@ t,e d%)+ment m+st !#s% "e si*ned "$ !t #e!st %ne !+t,%rised /ers%n in t,e /resen)e %f ! 0itness 0,% !ttests t,e si*n!t+re. F-G F%r t,e /+r/%ses %f t,is !rti)#e@ !n !+t,%rised /ers%n isB F!G !n$ dire)t%r %f t,e )%m/!n$E F"G t,e )%m/!n$ se)ret!r$ Fif !n$GE %r F)G !n$ /ers%n !+t,%rised "$ t,e dire)t%rs f%r t,e /+r/%se %f si*nin* d%)+ments t% 0,i), t,e )%mm%n se!# is !//#ied. N$ ri')t t$ ins,e%t %%$(nts nd $t)er re%$rds /0. E=)e/t !s /r%.ided "$ #!0 %r !+t,%rised "$ t,e dire)t%rs %r !n %rdin!r$ res%#+ti%n %f t,e )%m/!n$@ n% /ers%n is entit#ed t% ins/e)t !n$ %f t,e )%m/!n$&s !))%+ntin* %r %t,er re)%rds %r d%)+ments mere#$ "$ .irt+e %f "ein* ! s,!re,%#der. Pr$+isi$n f$r em,"$#ees $n %ess ti$n $f !(siness /1. T,e dire)t%rs m!$ de)ide t% m!7e /r%.isi%n f%r t,e "enefit %f /ers%ns em/#%$ed %r f%rmer#$ em/#%$ed "$ t,e )%m/!n$ %r !n$ %f its s+"sidi!ries F%t,er t,!n ! dire)t%r %r f%rmer dire)t%r %r s,!d%0 dire)t%rG in )%nne)ti%n 0it, t,e )ess!ti%n %r tr!nsfer t% !n$ /ers%n %f t,e 0,%#e %r /!rt %f t,e +ndert!7in* %f t,e )%m/!n$ %r t,!t s+"sidi!r$. DIRECTORS& INDEMNITY AND INS9RANCE Indemnit#

ARTICLE OF ASSOCIATION

NOVO CENTRE VISUAL LTD

/2.BF1G S+">e)t t% /!r!*r!/, F G@ ! re#e.!nt dire)t%r %f t,e )%m/!n$ %r !n !ss%)i!ted )%m/!n$ m!$ "e indemnified %+t %f t,e )%m/!n$&s !ssets !*!instB F!G !n$ #i!"i#it$ in)+rred "$ t,!t dire)t%r in )%nne)ti%n 0it, !n$ ne*#i*en)e@ def!+#t@ "re!), %f d+t$ %r "re!), %f tr+st in re#!ti%n t% t,e )%m/!n$ %r !n !ss%)i!ted )%m/!n$@ F"G !n$ #i!"i#it$ in)+rred "$ t,!t dire)t%r in )%nne)ti%n 0it, t,e !)ti.ities %f t,e )%m/!n$ %r !n !ss%)i!ted )%m/!n$ in its )!/!)it$ !s ! tr+stee %f !n %))+/!ti%n!# /ensi%n s),eme F!s defined in se)ti%n (1F2G %f t,e C%m/!nies A)t ;;2G@ F)G !n$ %t,er #i!"i#it$ in)+rred "$ t,!t dire)t%r !s !n %ffi)er %f t,e )%m/!n$ %r !n !ss%)i!ted )%m/!n$. F G T,is !rti)#e d%es n%t !+t,%rise !n$ indemnit$ 0,i), 0%+#d "e /r%,i"ited %r rendered .%id "$ !n$ /r%.isi%n %f t,e C%m/!nies A)ts %r "$ !n$ %t,er /r%.isi%n %f #!0. F(G In t,is !rti)#eB F!G )%m/!nies !re !ss%)i!ted if %ne is ! s+"sidi!r$ %f t,e %t,er %r "%t, !re s+"sidi!ries %f t,e s!me "%d$ )%r/%r!te@ !nd F"G ! Cre#e.!nt dire)t%rD me!ns !n$ dire)t%r %r f%rmer dire)t%r %f t,e )%m/!n$ %r !n !ss%)i!ted )%m/!n$. Ins(r n%e /*.BF1G T,e dire)t%rs m!$ de)ide t% /+r),!se !nd m!int!in ins+r!n)e@ !t t,e e=/ense %f t,e )%m/!n$@ f%r t,e "enefit %f !n$ re#e.!nt dire)t%r in res/e)t %f !n$ re#e.!nt #%ss. F G In t,is !rti)#eB F!G ! Cre#e.!nt dire)t%rD me!ns !n$ dire)t%r %r f%rmer dire)t%r %f t,e )%m/!n$ %r !n !ss%)i!ted )%m/!n$@ F"G ! Cre#e.!nt #%ssD me!ns !n$ #%ss %r #i!"i#it$ 0,i), ,!s "een %r m!$ "e in)+rred "$ ! re#e.!nt dire)t%r in )%nne)ti%n 0it, t,!t dire)t%r&s d+ties %r /%0ers in re#!ti%n t% t,e )%m/!n$@ !n$ !ss%)i!ted )%m/!n$ %r !n$ /ensi%n f+nd %r em/#%$ees& s,!re s),eme %f t,e )%m/!n$ %r !ss%)i!ted )%m/!n$@ !nd F)G )%m/!nies !re !ss%)i!ted if %ne is ! s+"sidi!r$ %f t,e %t,er %r "%t, !re s+"sidi!ries %f t,e s!me "%d$ )%r/%r!te.

ARTICLE OF ASSOCIATION

NOVO CENTRE VISUAL LTD