Gala Pine Limited Notice of Appointment of Receivers Pursuant to Section 8 (1) of the Receiverships Act 1993 Notice is hereby given that on the 2nd day of June 1995, Messrs John Joseph Cregten and Jennifer Mary Gillies, chartered accountants, were appointed receivers and managers of the property of Gala Pine Limited under the powers contained in a mortgage debenture dated the 30th day of August 1993, given by that company. The property in receivership is all of the company's undertaking, property and assets. The offices of the recivers and managers are Ernst & Young, National Mutual Building, 3741 Shortland Street, Auckland. Dated this 2nd day of June 1995. JOHN JOSEPH CREGTEN and JENNIFER MAY GILLIES, Receivers and Managers.