SMI Hotels & Resorts Limited Notice of Application for Removal of the Company From the Register SMI Hotels & Resorts Limited, a duly incorporated company having its registered office at Coopers & Lybrand Tower, 2329 Albert Street, Auckland, hereby gives notice of an application to the Registrar of Companies for removal from the Register, pursuant to section 318 (1) (d) of the Companies Act 1993, on the grounds that it has ceased to carry on business, has fully discharged its liabilities to all its known creditors and has distributed its surplus assets in accordance with the Companies Act 1993. The date by which an objection to the removal, under section 321 of the Companies Act 1993, must be delivered to the Registrar is the 8th day of August 1997. Dated this 7th day of July 1997. B. M. BROWN, Director.