Outset Investments (NZ) Limited Notice of Appointment of Receivers Pursuant to Section 8 (i) of the Receiverships Act 1993 We, John Robert Buchanan and Stephen Glenn Hotchin, chartered accountants of Auckland, give notice that on 15 February 1996, we were appointed receivers and managers of all the property charged by a debenture dated 1 September 1994. The property in receivership comprises all of the assets and undertaking of Outset Investments (NZ) Limited. Further particulars can be obtained from Buchanan & Associates. Dated this 15th day of February 1996. JOHN ROBERT BUCHANAN and STEPHEN GLENN HOTCHIN, Joint Receivers. Address for Service: 433 Lake Road, Takapuna (P.O. Box 33-315, Takapuna), Auckland. Telephone: (09) 486 0286. Facsimile: (09) 486 0643.