Mandate Ventures Limited (receivers appointed) Notice of Appointment of Receivers of Income Pursuant to Section 8 of the Receiverships Act 1993 and Pursuant to Section 104dd of the Property Law Act 1952 Notice is hereby given that Bruce McCallum and Keith Goddard Palmer, chartered accountants of Wellington, were appointed as receivers of income of certain property of Mandate Ventures Limited on the 22nd day of August 1996, under the powers contained in a mortgage dated the 9th day of July 1993. The receivers have been appointed in respect of the rental income derived from Units 58, 616 Belfast Street, Wellington. The appointment has been made under a mortgage granted to the New Zealand Insurance Life Limited. Communications to the mortgagee relating to the mortgaged property may be sent care of the receivers: 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 26th day of August 1996.