Laticrete International Incorporated Notice of Intention to Cease Carrying on Business in New Zealand Notice is hereby given, pursuant to section 341 (1) of the Companies Act 1993, that Laticrete International Incorporated, a company incorporated in the United States of America, but having a place of business in New Zealand at the Thirteenth Floor, Tower Two, Shortland Centre, 5565 Shortland Street, Auckland, intends to cease carrying on business in New Zealand. Dated this 2nd day of December 1997. DEAN ELLWOOD, Deloitte Touche Tohmatsu.