EFTA00616288.txt

"JMWT LLC and PLB, LLC are the Designated Members"

"JMWT LLC and PLB, LLC are the Designated Members"

"the Registered Office of the LIP is 10 Norwich Street, London EC4A 1BD"

"Managing Member: JMWT LLC... the Initial Members have agreed to carry on the Business through the LLP"

"THE INITIAL MEMBERS JMWT LLC and PLB, LLC LIMITED LIABILITY PARTNERSHIP AGREEMENT relating to JMWT ACQUISTION LLP"

"Business: the business of managing the investment of the LLP In Phaidon Press Limited and its affiliates"

"The Managing Member will have the power to make all decisions and take all actions concerning the LLP"

"the LLP's acquisition of Phaldon Press Limited"

"The Designated Members will ensure that the notice of any admission of a New Member is registered with the registrar of limited liability partnerships"

"The Managing Member will have the power to make all decisions and take all actions concerning the LLP and the Business"

"the books and records (including accounting records) of the LLP win be kept at the Registered Office or at such other place as the Managing Member may"

"The Initial Members... JMVVT US... JMWT Acquisition LLP"

"The Initial Members... PLB. LLC... JMWT Acquisition LLP"

"any of the provisions of this agreement may be amended by the Managing Member if the amendment is of a minor or technical nature"

"SIGNED as a DEED by JMWT Acquisition LLP acting by JMWT LLC"

"Any sale, transfer or other disposal of all or a majority of the shares or octets of Phaidon Press Limited"