Notice of Disclaimer Under Section 300 of the Companies Act 1955 Former Property of R. O. Sandstad Limited Whereas on 19 February 1997, I, Murray James Horn, Secretary to the Treasury, first became aware that the Crown was vested (by virtue of the removal of R. O. Sandstad Limited from the Register of Companies on 10 January 1996) with rights as lessee under lease C. 492451.3 dated 2 June 1993, between Charles Ross Foreman, auctioneer and Janice Kathleen Foreman, as lessors and R. O. Sandstad Limited, as lessee, in respect of premises situated at 66 Mount Eden Road, Auckland, registered on 24 June 1993, at the North Auckland Land Registry, against certificate of title 92B/635 (``the lease''); And whereas the lease is onerous property in terms of section 243 (2) of the Companies Act 1955, in that it may give rise to a liability to pay money on the part of the Crown; Take notice that I, Murray James Horn, Secretary to the Treasury, pursuant to section 300 of the Companies Act 1955, hereby disclaim for and on behalf of Her Majesty the Queen, all right, title and interest of Her Majesty the Queen in the lease. Dated at Wellington this 3rd day of March 1997. MURRAY JAMES HORN, Secretary to the Treasury.