The Colonial Motor Company Limited Reduction of Capital Notice is hereby given that the order of the High Court of New Zealand dated 10 March 1997, confirming the reduction of the authorised capital of the above-named company from $40,000,000 to $27,621,800 and the reduction of the issued capital of the above-named company from $15,472,750 to $3,094,550 and the minute approved by the Court were registered by the District Registrar of Companies at Wellington on 15 April 1997. The said minute is as follows: The authorised capital of The Colonial Motor Company Limited is $27,621,800 divided into 55 243 600 shares of 50 cents each having been reduced from $40,000,000 divided into 80 000 000 shares of 50 cents each and the issued capital is $3,094,550 divided into 6 189 100 fully paid ordinary shares of 50 cents each, having been reduced from $15,472,750 divided into 30 945 500 fully paid ordinary shares of 50 cents each. Dated this 21st day of April 1997. RUSSELL McVEAGH McKENZIE BARTLEET & CO, Solicitors for the Company.