Notice Prohibiting a Person From Managing Companies Pursuant to Section 385 of the Companies Act 1993 To: Kenneth Raymond Valentine. Of: 41 Wilson Street, Timaru. Pursuant to section 385 (3) of the Companies Act 1993, and with the authority of the Securities Commission, I, Adam Feeley, Deputy Registrar of Companies, hereby prohibit Kenneth Raymond Valentine from being a director or promoter of, or being concerned in, or taking part, whether directly or indirectly, in the management of any company for a period of 5 years as from the date of this notice. Dated at Wellington this 28th day of July 1998. A. FEELEY, Deputy Registrar of Companies.