Grower Holdings Limited Notice of Minute of Reduction of Capital Pursuant to Section 78 (1) of the Companies Act 1955 Presented by: Schnauer & Co, Solicitors, Mildford, Auckland 9. To: The Registrar of Companies, Napier. Following the sanction of the High Court of New Zealand at Napier on the 22nd day of September 1993: ``The capital of Grower Holdings Limited is 824 196 fully paid ordinary shares of $1 each, having been reduced by special resolution for reduction of share capital, passed on the 20th day of September 1993, from $6,593,567 divided into 6 593 567 ordinary shares of $1 each fully paid.'' Dated this 5th day of October 1993. Schnauer & Co, solicitors to the company, per: D. SCHNAUER.