Footlab Pacific Limited Notice of Appointment of Receivers Pursuant to Section 8 of the Receiverships Act 1993 Notice is hereby given that Bruce McCallum and David Petterson, chartered accountants of Wellington, were appointed as receivers and managers of the property of Footlab Pacific Limited on the 13th day of May 1996, under the powers contained in a mortgage debenture dated the 15th day of May 1992, as amended by deed dated the 24th day of September 1993. The receivers have been appointed at the request of the shareholders of the company in respect of all the company's undertaking and all its assets and effects, whatsoever and wheresoever, both present and future, including its uncalled and unpaid capital. The offices of the receivers and managers are McCallum Petterson & Co., Chartered Accountants, Level Eight, City Tower, 95 Customhouse Quay (P.O. Box 3156), Wellington. Telephone: (04) 499 7796. Facsimile: (04) 499 7784. Dated this 13th day of May 1996.