Discovery Homes Limited Notice of Appointment of Receivers and Managers Pursuant to Section 8 of the Receivership Act 1993 John Kenneth Slavich and Carlos Manuel da Silva, chartered accountants, whose office is at BDO Hogg Young Cathie, corner of Anglesea and Rostrevor Streets, Hamilton, hereby give notice that on 7 March 1997, they were appointed as receivers and managers of the property of Discovery Homes Limited, under the powers contained in an instrument dated 15 August 1994. The receivers and managers have been appointed in respect of all the company's undertaking and all its real and personal property and all its assets and effects, whatsoever and wheresoever, both present and future. Dated this 7th day of March 1997. JOHN KENNETH SLAVICH.