Authentic Brass Company Limited Notice of Appointment of Receivers and Managers Pursuant to Section 8 of the Receiverships Act 1993 The Bank of New Zealand, a duly incorporated company having its registered office at Auckland, on the 5th day of May 1997, appointed Peter William Young and Lynn Graeme Humphrey, chartered accountants, both of Christchurch, as receivers and managers of the property of Authentic Brass Company Limited under the powers contained in a debenture dated the 22nd day of October 1992, which consists of all of the company's real and personal property and all its assets and effects, whatsoever and wheresoever, both present and future, including its uncalled and and unpaid capital. Dated this 5th day of May 1997. PETER W. YOUNG, Joint Receiver. Office of the Receiver is: Care of KPMG, Sixteenth Floor, Clarendon Tower, 78 Worcester Street (P.O. Box 274), Christchurch.