Managers of Bulk Buying (N.Z.) Limited Notice of Appointment of Receivers and Managers On the 9th day of October 1996, Scottish Pacific Business Finance Limited, being the holder of a debenture dated the 26th day of March 1996, and registered at the Companies Office at Hamilton on the 16th day of April 1996, issued to it by Bulk Buying (N.Z.) Limited (``the company'') appointed Kevin Francis Garty and Sharon Frances Honiss, chartered accountants, both of Hamilton, jointly and severally, as receivers and managers of all the undertaking, property and assets of the company. The receivers address is Garty & Honiss, 189 Collingwood Street, Hamilton. Dated the 10th day of October 1996. KEVIN FRANCIS GARTY and SHARON FRANCES HONISS, Receivers and Managers.