Amendment to Article 38, as agreed at the Society’s Annual Business Meeting on Thursday 23rd November 2006

38.4(a) The President Elect (appointed pursuant to Article 39)

38.4(b) The Vice-President (following notification of his or her appointment by Council to the Members in General Meeting);

Article 39. In each calendar year, the President shall be appointed in accordance with the procedures determined by Council from time to time from among the Company Members by Council.  At the Annual General Meeting following his or her appointment by Council (for the purposes of this Article the “Appointment AGM”) the Council shall notify the Members of his or her appointment.  Following the notification of his or her appointment at the Appointment AGM, he or she shall take office as a member of Council from the close of the Appointment AGM until the next following Annual General Meeting and shall be known as the ‘Vice-President’.  Following the first Annual General Meeting after the Appointment AGM, he or she shall take office as a member of Council from the close of the AGM until the next following Annual General Meeting and shall be known as the ‘President Elect’. His or her term of office as President shall be approximately one year being the period commencing at the close of the second Annual General Meeting following the Appointment AGM and ceasing at the close of the third Annual General Meeting following the Appointment AGM.