Quadraflex Plastics Limited Appointment of Receivers and Managers Pursuant to Section 8 (1) (b) of the Receiverships Act 1993 We, Michael Peter Stiassny and Grant Robert Graham, hereby give notice that on the 16th day of September 1996, we were appointed joint and several receivers and managers of Quadraflex Plastics Limited, pursuant to a debenture dated the 29th day of September 1995. Short Description of Property Charged Under the Debenture: All assets and undertakings of the company. The Office of the Receivers is at: Ferrier Hodgson, Level Sixteen, Southpac Tower, 45 Queen Street, Auckland. Inquiries to: Tania Railley.