Park European Limited (in receivership) Notice of Appointment of Receiver Pursuant to Section 8 (1) of the Receiverships Act 1993 I, Kenneth Athol Howard, insolvency consultant of Paraparaumu, whose offices are at 188 Kapiti Road (P.O. Box 1505), Paraparaumu Beach, do hereby give notice that I was, on the 15th day of November 1996, appointed receiver and manager of the above-named company as follows: All the undertaking goodwill of all businesses and all the property and assets, whatsoever and wheresoever, both present and future and the uncalled and unpaid capital (including reserve capital), both present and future of the above-named company. Please direct all inquiries to Chris Dunphy at the receiver's office. Telephone: (04) 297 0546. Facsimile: (04) 297 3168. Dated this 19th day of November 1996. KENNETH ATHOL HOWARD, Receiver.