Seatrade Agencies International Limited Notice of Meeting of Creditors Pursuant to Section 243 of the Companies Act 1993 On the 18th day of August 1997, pursuant to an order of the High Court at Rotorua, Seatrade Agencies International Limited was placed into liquidation. Barrie Miles Owen and Kenneth Peter Brown, chartered accountants of Tauranga, be appointed as liquidators. Notice is given that a meeting of creditors will be held by way of an assembly of creditors at the offices of KPMG, Fifth Floor, NZI Building, 35 Grey Street, Tauranga, on the 23rd day of September 1997 commencing at 11.00 a.m. Business The business to be transacted at the meeting is: (i) Consideration of a statement of the position of the company's affairs and list of creditors. (ii) Consider whether to make application to the Court for the appointment of other liquidators in place of the present liquidators. (iii) Consideration whether to pass a resolution setting out views of creditors relating to the liquidation. (iv) Consideration of appointment of a liquidation committee, and if so, appoint members of that committee. Please contact the liquidator for further details including claim, proxy and voting forms. Dated this 3rd day of September 1997. B. M. OWEN, Joint Liquidator. Address of Liquidator: KPMG, Fifth Floor, NZI Building, 35 Grey Street (P.O. Box 110), Tauranga. Telephone: (07) 578 5179. Facsimile: (07) 578 2555.