Sabre International Limited (in receivership) Notice of Appointment of Receivers Pursuant to Section 8 (1) of the Receiverships Act 1993 Timothy James Reid of Wellington and James Terence Taaffe of Napier, chartered accountants, were appointed receivers of Sabre International Limited on the 26th day of June 1997, by ANZ Banking Group (New Zealand) Limited under the terms of a debenture giving the holders a fixed and floating charge over the whole of the assets of the company. The property in receivership is all of the company's undertaking, property and assets. The Receivers' Office Address is: Coopers & Lybrand, corner of Raffles and Bower Streets, Napier. The Receivers' Postal Address is: Coopers & Lybrand, P.O. Box 645, Napier. Dated this 1st day of July 1997. TIMOTHY JAMES REID and JAMES TERENCE TAAFFE.