Forge Holdings Limited Notice of Appointment of Receivers and Managers Dorchester Finance Limited (``the debenture holders'') hereby gives notice that on the 24th day of December 1996, it appointed Neville Petrie Fagerlund and Euan Boyd Lindsay Hilson, chartered accountants, both of Christchurch, jointly and severally to be receivers and managers of all the undertaking property and assets charged by the debenture dated the 3rd day of August 1995, given by Forge Holdings Limited in favour of the debenture holders. The situation of the office of the receivers and managers is 12 Main North Road, Papanui, Christchurch. Dated this 24th day of December 1996. The debenture holder by its solicitors: CALLAGHAN & CO.