Holcomb Developments Limited AK. 456850 Certificate of Registration of Court Order Confirming Minute of Reduction I, Lee Raewyn Shrubb, Assistant Registrar of Companies, hereby certify that the Court order, dated the 17th day of December 1993 and minute of reduction as set out below was registered on the 23rd day of December 1993. The issued capital of Holcomb Developments Limited is $111,200 divided into 105 000 fully paid ordinary shares of $1 each, together with 6 200 redeemable preference shares of $1 each having been reduced from $725,000 divided into 105 000 ordinary shares of $1 each together with 6 200 redeemable preference shares of $100 each. Given under my hand and the seal of the District Registrar of Companies at Auckland this 23rd day of December 1993. L. R. SHRUBB, Assistant Registrar of Companies.