Sandalwood Limited Notice of Intention to Remove Company From the New Zealand Register of Companies The directors of Sandalwood Limited hereby give notice, pursuant to section 320 of the Companies Act 1993, of their intention to apply to the Registrar of Companies to remove the company from the New Zealand Register of Companies. This removal is to be made under section 318 (1) (d) of the Companies Act 1993, on the grounds that the company has ceased to carry on business, has discharged in full its liabilities to all known creditors and has distributed all its surplus assets in accordance with the company's constitution and the Companies Act 1993. Any objection to the removal of the company from the New Zealand Register of Companies must be lodged with the Registrar of Companies by the 9th day of September 1997. Dated at Christchurch this 8th day of August 1997. Registered Office of Sandalwood Limited: Care of BDO Hogg Young Cathie, Chartered Accountants, Level Six, Clarendon Tower, corner of Oxford Terrace and Worcester Street, Christchurch.