Notice of Entry into Possession of Mortgaged Property In the matter of the Property Law Act: To: Omahau Holdings Limited (in receivership). Take notice that Mirror Lake Investments Limited and Gordon Marketing Limited as mortgagee have entered into possession as mortgagee in respect of the property, details of which are set out below: Mortgagor's Full Name: Omahau Holdings Limited (in receivership) and Gordon Marketing Limited. Date Entered into Possession: 24 March 1997. Address to Which Notices for the Mortgagee Can be Sent: Care of the offices of Messrs Searell & Co, Chartered Accountants, Level Four, 728 Colombo Street (P.O. Box 504), Christchurch. Facsimile: (03) 379 3636. Brief Description of Mortgaged Property: Mirror Lake Investments Limited and Gordon Marketing Limited's mortgage is mortgage No. A249174/8 which is registered in the Canterbury Land Registry. The property is more commonly known as Mount Studholme, the land subject to the mortgage being part of that property. The Legal Description is: An estate in fee simple in an area of approximately 215.1252 hectares or thereabouts, being Lots 1 and 2, Deposited Plan 38317 and being all the land comprised and described in certificates of title 18A/671 and 18A/672 (Canterbury Registry). Dated this 24th day of March 1997. Signed by: HUGH RODERICK CATHERWOOD, as Solicitor for Mirror Lake Investments Limited and Gordon Marketing Limited.