Southern Cross Rental Cars Limited Notice of Appointment of Receivers and Managers The Companies Act 1955 ANZ Banking Group (New Zealand) Limited (``the debenture holder''), hereby gives notice that on the 1st day of July 1996, it appointed Warwick John Ainger and Andrew John Tomlin, chartered accountants, both of Christchurch, jointly and severally, as receivers and managers of all the undertaking, property and assets of Southern Cross Rental Cars Limited under the powers contained in the debenture dated the 14th day of July 1994, given by Southern Cross Rental Cars Limited in favour of the debenture holder. The situation of the office of the receivers and managers is care of Ainger Tomlin, AMI Building, 116 Riccarton Road, Christchurch. Dated this 8th day of July 1996. The debenture holder by its solicitors: LANE NEAVE RONALDSON.