Platypus Holdings Limited (``the company'') Notice of Appointment of Receivers and Managers Pursuant to Section 8 (1) of the Receiverships Act 1993 Alan Raymond Isaac and David Anthony Ward, chartered accountants, both of Wellington, whose office address is care of KPMG Peat Marwick, Chartered Accountants, Peat Marwick House, 135 Victoria Street (P.O. Box 996), Wellington, hereby give notice that on 15 December 1995, the debenture holder under a deed of debenture dated 1 September 1995, from the company (``the debenture''), at the request of the directors of the company, appointed them jointly and severally as receivers and managers of all of the company's undertaking and all its property and assets, whatsoever and wheresoever, both present and future, including the uncalled and called but unpaid capital of the company and including (without limitation) the goodwill of its business as charged by the debenture. Dated this 18th day of December 1995. Signed for and on behalf of Alan Raymond Isaac and David Anthony Ward, by their solicitor and duly authorised agent: STEPHEN BARRIE FLYNN.