Andreae and Company Limited (in liquidation) Notice of Resolution for Voluntary Liquidation In the matter of the Companies Amendment Act 1993, and in the matter of Andreae and Company Limited (in liquidation): Notice is hereby given that, pursuant to section 211 (2) (a) of the Companies Amendment Act 1993, Peter George Steel, chartered accountant of Price Waterhouse, Christchurch, was appointed liquidator of Andreae and Company Limited (in liquidation). The liquidation commenced on the 16th day of May 1996. Inquiries may be directed by a creditor or shareholder of the company during normal business hours to Mr T. M. Herrick at 119 Armagh Street, Christchurch on telephone number (03) 379 0040. Notice is also given that the liquidator hereby fixes the 14th day of June 1996, as the day on or before which the creditors of the company are to make their claims and to establish any priority their claims may have under section 286 of the Companies Amendment Act 1993. Note: The company is being liquidated as part of a restructuring of the shareholders' affairs. Dated this 22nd day of May 1996. P. G. STEEL, Liquidator. Address of Liquidator: Price Waterhouse, P.O. Box 13-250, Christchurch.