Airea Heating Industries Limited (in receivership) Notice of Appointment of Receivers and Managers Pursuant to Section 346 (1) of the Companies Act 1955 Northflex Industries Limited (formerly called Airea International Limited), hereby gives notice that on the 9th day of December 1993, they appointed John Robert Buchanan and Stephen Glenn Hotchin, chartered accountants of Buchanan and Associates, whose office is at 433 Lake Road (P.O. Box 33-315), Takapuna, Auckland, as receivers and managers of all the assets and property of the above-named company under the power contained in an instrument dated the 3rd day of May 1993, being a debenture from Airea Heating Industries Limited to Northflex Industries Limited. Dated at Auckland this 15th day of December 1993. NORTHFLEX INDUSTRIES LIMITED.