Neil Jensen & Son Limited Notice of Appointment of Receivers and Managers Pursuant to Section 346 (1) of the Companies Act 1955 Westpac Securities Limited, Westpac Finance Limited and Westpac Merchant Finance Limited, hereby give notice that on the 20th day of December 1993, it appointed Kevin James Bearsley and John Stewart Gray, chartered accountants of Coopers & Lybrand, whose office is care of Coopers & Lybrand, 2329 Albert Street, Auckland and 143 Durham Street, Tauranga, jointly and severally as receivers and managers of all the assets of the above-named company under the power contained in an instrument dated the 2nd day of May 1988, being a debenture from Neil Jensen & Son Limited to Westpac Securities Limited, Westpac Finance Limited and Westpac Merchant Finance Limited. Dated at Auckland this 20th day of December 1993. In witness whereof these presents have been executed the day and year first hereinbefore written. The common seal of Westpac Securities Limited was hereunto affixed in the presence of: M. P. McBRIDE, Director. M. J. STOKES, Director. The common seal of Westpac Finance Limited was hereunto affixed in the presence of: M. P. McBRIDE, Director. M. J. STOKES, Director. The common seal of Westpac Merchant Finance Limited was hereunto affixed in the presence of: M. P. McBRIDE, Director. M. J. STOKES, Director.