Industrial Banking Corporation Limited (in liquidation) Notice of Appointment of Liquidators Notice is hereby given that, pursuant to section 342 (1) of the Companies Act 1993, Colin Thomas McCloy and John Anthony Waller, chartered accountants of Auckland, were appointed joint and several liquidators over the New Zealand assets of Industrial Banking Corporation Limited. Inquiries may be directed by a creditor or shareholder of the company during normal business hours to Geoff Varga at Price Waterhouse, Auckland, or on Telephone No.: (09) 309 3421. Notice is also given that the liquidators hereby fix the 31st day of August 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. Dated this 4th day of June 1998. COLIN THOMAS McCLOY, Joint Liquidator. Address for Service: Price Waterhouse, P.O. Box 748, Auckland.