D A & J C Tily Limited (in receivership and previously trading as the Gladstone Pricecutter) Notice of Appointment of Receivers and Managers Pursuant to Section 8 of the Receiverships Act 1993 Alan Arthur Millar and Christopher James Shaw, chartered accountants (whose offices are care of Ernst & Young, 142 Spey Street, Invercargill), hereby give notice that on the 7th day of October 1994, the Bank of New Zealand appointed them jointly and severally as receivers and managers of the property of D A & J C Tily Limited under the powers contained in an instrument dated the 20th day of July 1993. The receivers and managers have been appointed in respect of all of the company's real and personal property and all its assets and effects, whatsoever and wheresoever, both present and future, including its uncalled and unpaid capital. Dated this 12th day of July 1994. A. A. MILLAR, Joint Receiver and Manager. Address of Receiver and Manager: Care of Ernst & Young, P.O. Box 100, Invercargill.