Gasson Hardware Limited, Brighton Hardware Limited and Carter's Hardware Limited Notice of Proposed Amalgamation Notice is hereby given, pursuant to section 221 (4) of the Companies Act 1993, that a proposal has been sent to shareholders for their approval in order to amalgamate the above 3 companies. Copies of the amalgamation proposal are available during normal business hours at 130 Riccarton Road, Christchurch, for inspection by any shareholder or creditor or other person to whom one of the above companies is under an obligation. Copies will be supplied free of charge upon request from these people. Dated this 31st day of July 1997. MURRAY WINDER, Chartered Accountant.