Larsen Enterprises Limited (in receivership) Appointment of Receivers Pursuant to Section 8 (1) (b) of the Receiverships Act 1993 We, John Robert Buchanan and Stephen Glenn Hotchin, hereby give notice that on the 4th day of September 1997, we were appointed joint and several receivers of Larsen Enterprises Limited, pursuant to a debenture dated the 26th day of November 1990. Short Description of Property Charged Under the Debenture: All assets and undertakings of the company. The Office of the Receivers is at: Buchanan & Associates, 441 Lake Road, Takapuna (P.O. Box 33-315), Auckland. Day Telephone: (09) 486 0286. Facsimile: (09) 486 0643. STEPHEN G. HOTCHIN, Receiver.