Appointment of Receiver and Manager Pursuant to Section 8 (1) (b) of the Companies Act 1993 I, Michael Peter Stiassny, hereby give notice that on 28 December 1995, I was appointed receiver and manager of The Hornby Licensing Trust, pursuant to a debenture dated 29 March 1988. Short Description of Property Charged Under the Debenture: All assets and undertakings of the trust. The office of the receiver is at Ferrier Hodgson, Level Sixteen, Southpac Tower, 45 Queen Street, Auckland. Telephone: (09) 307 7865. Facsimile: (09) 377 7794. Inquiries to: Brendon Gibson. M. P. STIASSNY.