Tui Milk Products Limited (in liquidation) WN. 000597 Notice of Appointment of Liquidator Pursuant to Section 229 (2) (a) of the Companies Act 1955 Dennis Albert Mollet, company secretary of Palmerston North, was appointed liquidator of Tui Milk Products Limited by special resolution of the shareholders on the 27th day of September 1996, the date the liquidation commenced. Prior to my appointment, the directors of the company resolved that the company would upon the appointment of a liquidator, be able to pay its debts. The basis upon which the directors made this resolution was that the latest audited financial statements indicated that the company's assets exceed its liabilities by approximately $99 million and this position has not materially changed since balance date. The liquidation is to effect the merger of the company with Kiwi Co-operative Dairies Limited in accordance with section 24a of the Co-operative Dairy Companies Act 1949, and the detailed merger agreement previously forwarded to each member of the company. Inquiries, if any, may be directed to Mr D. A. Mollet, Tui Milk Products Limited (in liquidation), Reserve Road, Longburn, Palmerston North. Postal Address: Private Bag 11-050, Palmerston North. Telephone: (06) 351 7779. Facsimile: (06) 353 6337. Dated this 30th day of September 1996. DENNIS ALBERT MOLLET, Liquidator.