Phil Stic Limited and Eden Paper Converters Limited Appointment of Receivers and Managers Pursuant to Section 8 (1) (b) of the Receiverships Act 1993 We, Michael Peter Stiassny and Grant Robert Graham, hereby give notice that on the 3rd day of October 1997, we were appointed joint and several receivers and managers of the assets and undertakings of Phil Stic Limited and Eden Paper Converters Limited, pursuant to debentures dated the 12th day of November 1991. Short Description of Property Charged Under the Debentures: All assets and undertakings of the companies. The Office of the Receivers is at: Ferrier Hodgson & Co, Level Sixteen, Southpac Tower, 45 Queen Street, Auckland. Inquiries to: Alastair Fairley.