Exemption from Notice Prohibiting Person from Managing Companies (Section 189a (7) of the Companies Act 1955) To: Graham Jason Walsh of 607 Lumsden Road, Hastings. Pursuant to section 189a (7) of the Companies Act 1955, I, Judith Arnott, Deputy Registrar of Companies, hereby make an EXEMPTION, in respect of the proposed company Peak Cables 1994 Limited, from the Notice Prohibiting Person from Managing Companies dated 28 March 1990, which prohibited Graham Jason Walsh of Hastings, from being an officer or promoter of a company, or being concerned in, or taking part (whether directly or indirectly) in the management of, any company during a period of 5 years after the date of that notice. Dated at Wellington this 22nd day of April 1994. J. ARNOTT, Deputy Registrar of Companies.