Notice of Appointment of Receiver and Manager I, Brian Leo McPhail, give notice in accordance with section 8 (1) (b) of the Receiverships Act 1993, that on 1 March 1996, I was appointed receiver and manager of the property charged by a debenture dated 18 December 1990, given by Bineda Corp Limited, in favour of Nationwide Finance Limited (under its former name Nathan Finance Limited). The Office Address of the Receiver and Manager is: Hart McPhail & Co, 10 Morgan Street, Newmarket, Auckland. The property in receivership comprises all of the assets and undertaking of Bineda Corp Limited. Dated the 1st day of March 1996. Signed: BRIAN LEO McPHAIL, Receiver.