Raj Holdings Limited (in liquidation) Notice of Appointment of Liquidator and Notice to Creditors to Claim Pursuant to Section 255 (2) (a) of the Companies Act 1993 and Pursuant to Liquidation Regulation 12 of the Companies Act 1993 I, Timothy James Reid, chartered accountant of Wellington, was appointed liquidator of Raj Holdings Limited by special resolution of the shareholders on the 31st day of March 1998, the date that the liquidation commenced. Notice is hereby given that as liquidator of Raj Holdings Limited, I fix the 14th day of April 1998, as the day on or before which the creditors of the company are to make their claims, and to establish any priority their claims may have under section 312 of the Companies Act 1993, or to be excluded from the benefit of any distribution made before the debts are claimed or, as the case may be, from objecting to the distribution. Creditors and Shareholders May Direct Inquiries to: T. J. Reid, Coopers & Lybrand, Level Thirteen, UDC Tower, 113119 The Terrace, Wellington. Postal Address: P.O. Box 243, Wellington. Telephone: (04) 499 9898. Facsimile: (04) 495 0249. Dated this 31st day of March 1998. T. J. REID, Liquidator.