Fore Group Auckland Limited AK. 477306 Notice of Appointment of Receivers Pursuant to the Receiverships Act 1993 We, John Anthony Waller and Colin Thomas McCloy, hereby give notice that on 2 July 1997, we were appointed jointly and severally as receivers of the property of Fore Group Auckland Limited under the powers contained in a debenture dated 30 September 1994. The receivers have been appointed in respect of all the company's undertaking and all its real and personal property and all its assets and effects, whatsoever and wheresoever, both present and future. The offices of the receivers are at Price Waterhouse, Level Eighteen, Price Waterhouse Centre, 66 Wyndham Street (P.O. Box 748), Auckland. Telephone: (09) 309 3421. Facsimile: (09) 366 4796. Dated this 3rd day of July 1997. JOHN ANTHONY WALLER and COLIN THOMAS McCLOY, Receivers.