I, Philip E. Fisher, President and Director of Active Investment Inc, with its head office at 110 Madison Ave New York, NY, being duly sworn, do hereby state that the facts hereinafter set forth are true and correct:
The Company decided to close its branch office, 1-1, Minato-cho, Chuo-ku, Chiba-shi, in Japan as of July 28, 2005.
The Representative in Japan, Matsui Ichiro decided to resign her office effective when predefined procedure will be completed.
Philip E. Fisher
President and Director
Active Investment Inc.
Subscribed and sworn to before me
This day of 2005.