SCHEDULE

TABLE B A PRIVATE COMPANY LIMITED BY SHARES

MEMORANDUM OF ASSOCIATION
1. The company's name is “The South Wales Motor Transport Company cyfyngedig”.
2. The company's registered office is to be situated in Wales.
3. The company's objects are the carriage of passengers and goods in motor vehicles between such places as the company may from time to time determine and the doing of all such other things as are incidental or conducive to the attainment of that object.
4. The liability of the members is limited.
5. The company's share capital is £50,000 divided into 50,000 shares of £1 each.