Aorere Mining Limited Notice of Appointment of Receiver Pursuant to Sections 3 and 8 of the Receiverships Act 1993 In pursuance of the powers contained in deed of debenture, dated 14 December 1988, given by Aorere Mining Limited to Lindsay Guy Herron, the said Lindsay Guy Herron of Queenstown, company director, gives notice that on 29 May 1995 he appointed Barry Charles Thomas, accountant of Queenstown, receiver of Aorere Mining Limited in respect of all its assets and undertakings including (but not by way of limitation) mining licence 32 1615 under the Mining Act 1971, registered in the Dunedin Land Registry under certificate of title 6A/782, commonly known as ``the McRaes Licence'', mining licence 32 2669 under the Mining Act 1971, registered in the Dunedin Land Registry Office under certificate of title 2C/1158, commonly known as ``the Hazel's Terrace Licence'', associated mining equipment and a chose in action being certain funds owed to Aorere Mining Limited by March Mining Limited totalling approximately $60,000. Further particulars can be obtained from the receiver, whose address is McCulloch and Partners, Accountants, 34 Camp Street (P.O. Box 64), Queenstown. Dated this 29th day of May 1995.