Initial Properties Limited (in liquidation) Notice of Appointment of Liquidators and Notice to Creditors to Claim Notice is hereby given in pursuance to section 255 (2) (a) of the Companies Act 1993, that by way of entry in the minute book of the above-named company in accordance with section 241 (2) (a) of the Companies Act 1993, the members of Initial Properties Limited passed a special resolution winding up the company and appointed David Donald Crichton and Trevor Francis Thornton, chartered accountants of Grant Thornton, Christchurch, as joint and individual liquidators of the company. The liquidation commenced on the 4th day of December 1997. Inquiries may be directed by a creditor or shareholder of the company during normal business hours to Mrs Keiran Grady. Note: The company is solvent and is being liquidated as part of a restructuring of shareholders affairs. The liquidators do hereby fix the 15th day of January 1998, as the day on or before which the creditors of the company are to make their claim, to establish any priority their claims may have under section 312 of the Companies Act 1993. Creditor Claim Forms Are Available at the Liquidators' Office: Grant Thornton, AMP Centre, Eighth Floor, 47 Cathedral Square (P.O. Box 2099), Christchurch. D. D. CRICHTON, Liquidator.