United Aviation Limited (in receivership) Notice of Appointment of Receivers and Managers Pursuant to Section 8 of the Receiverships Act 1993 Notice is hereby given that Bruce McCallum and David Petterson, chartered accountants of Wellington, were appointed as receivers and managers of the property of United Aviation Limited (in receivership) on the 14th day of August 1997 under the powers contained in a debenture dated the 28th day of February 1992. The receivers have been appointed in respect of all the company's undertaking and all its assets and effects, whatsoever and wheresoever, both present and future, including its uncalled and unpaid capital. The offices of the receivers and managers are McCallum Petterson & Co., Chartered Accountants, Level Eight, City Tower, 95 Customhouse Quay (P.O. Box 3156), Wellington. Telephone: (04) 499 7796. Facsimile: (04) 499 7784. Dated this 18th day of August 1997. BRUCE McCALLUM, Receiver and Manager