Hobson Contractors Limited Notice of Appointment of Receiver and Manager Pursuant to Section 8 (b) of the Receiverships Act 1993 I, Murray George Allott, chartered accountant of 13 Woodford Terrace, Christchurch, hereby give notice that on the 6th day of January 1995, Franklin Hobson appointed me as receiver and manager of the property of the above company under the powers contained in a debenture dated 19 August 1994 from Hobson Contractors Limited to Franklin Hobson. The receiver and manager has been appointed in respect of all the company's undertakings and all its assets and effects, whatsoever and wheresoever, both present and future, including its uncalled and unpaid capital. The office of the receiver and manager is 13 Woodford Terrace, P.O. Box 8666, Christchurch. Telephone and Facsimile: (03) 351 7794. Dated this 9th day of January 1995. M. G. ALLOTT, Receiver and Manager.