Notice of Appointment of Receivers and Managers In the matter of section 8 of the Receiverships Act 1993, and in the matter of Sims Engineering Limited: Notice is hereby given that on the 19th day of June 1998, ANZ Banking Group (New Zealand) Limited, hereby appointed Messrs Murray Neil Frost and Lindsay John Brown, both chartered accountants of Dunedin, as receivers and managers of the property of Sims Engineering Limited under the powers contained in a mortgage debenture dated the 16th day of April 1959, given by that company. The offices of the receivers and managers are at the offices of Messrs Deloitte Touche Tohmatsu, Chartered Accountants, Level Eight, Otago House, 481 Moray Place, Dunedin. Dated this 19th day of June 1998. M. N. FROST, Joint Receiver and Manager for the Debenture Holder.