The Otago Iron Rolling Mills Company Limited DN. 142911 Certificate of Registration of Court Order and Minute of Reduction I, Bronwyn Ann Child, Assistant Registrar of Companies, hereby certify that the Court order dated the 21st day of October 1996, and the minute of reduction confirming the reduction of the share capital of the above company from $903,281.60 to $361,316.00 was registered on the 1st day of November 1996. Given under my hand and seal at Dunedin this 1st day of November 1996. B. A. CHILD, Assistant Registrar of Companies.