Arnold Estates Limited Notice of Appointment of Liquidator Pursuant to Section 255 (2) (a) of the Companies Act 1993 I, Evan James Taylor, hereby gives notice that for the purposes of winding up a non-trading company and, pursuant to section 241 (1) (a) of the Companies Act 1993, I was appointed as liquidator of Arnold Estates Limited with effect from the 20th day of November 1997. The directors have resolved that the company was solvent prior to my appointment and therefore, pursuant to section 243 (8), no creditors meeting is required to be called. Pursuant to section 255 (2) (c) of the Companies Act 1993, a copy of the resolution and statement of the company's affairs have been delivered to the Registrar of Companies. Inquiries by Creditors and Shareholders May Be Directed to: Taylor Welsford, Chartered Accountants, P.O. Box 36-074, Christchurch (Telephone: (03) 355 6876 during normal business hours). Dated at Christchurch this 20th day of November 1997. EVAN JAMES TAYLOR, Liquidator.