Notice of Appointment of Receivers and Managers In the matter of section 8 of the Receiverships 1993, and in the matter of Nilpat Holdings Limited: Notice is hereby given that on the 31st day of October 1994, at the request of the directors, Westpac Banking Corporation appointed Messrs Russell Stuart Hay and Rodney Gane Pardington, both chartered accountants of Auckland, as receivers and managers of the property of Nilpat Holdings Limited under the powers contained in a mortgage debenture dated the 27th day of February 1992, given by that company. The offices of the receivers and managers are at the offices of Messrs Deloitte Touche Tohmatsu, Chartered Accountants, Tower Two, The Shortland Centre, Shortland Street, Auckland. Dated this 31st day of October 1994. Messrs R. S. HAY and R. G. PARDINGTON, Receivers and Managers for the Debenture Holder.