Lotus Enterprises Limited (in liquidation) Notice of Appointment of Liquidators Notice is given, pursuant to section 255 (2) (a) of the Companies Act 1993, that: 1. Stephen Hugh Orr Reaney and Graham Lewis St John Pedler, chartered accountants, both of Napier, have been appointed joint liquidators of Lotus Enterprises Limited. 2. The date of commencement of the liquidation is 17 July 1997. 3. The address and telephone number to which, during normal business hours, inquiries may be directed by a creditor or shareholder is: Gardiner Reaney, Chartered Accountants, Maritime Building, corner of Browning and Byron Streets (P.O. Box 192), Napier. Telephone: (06) 835 3385. Facsimile: (06) 835 5115. Dated this 17th day of July 1997. STEPHEN H. O. REANEY, for the Liquidators.