The London Clearing House (``the company'') Notice of Ceasing to Have a Place of Business in New Zealand Pursuant to Section 405 of the Companies Act 1955 The above-named company hereby gives notice that after the expiration of 3 months from the 26th day of May 1994, the company will cease to have a place of business in New Zealand. Accountants for and duly authorised agents of The London Clearing House Limited: PRICE WATERHOUSE. Any inquiries concerning this notice should be referred to Mark Benjamin of Price Waterhouse, Auckland office, P.O. Box 748, Auckland. Telephone: (09) 309 3421. Facsimile: (09) 309 4166.