Smale Properties Limited, Hurst Studio Limited and Denishell International Limited Notice of Appointment of Liquidator Pursuant to Section 255 (2) (a) of the Companies Act 1993 Notice is hereby given that Frederick Anthony Girvan, chartered accountant of Napier, was appointed liquidator of Smale Properties Limited, Hurst Studio Limited and Denishell International Limited by special resolution of the shareholders on the 27th day of July 1998, the date that the liquidations commenced. Inquiries, If Any, May Be Directed to: Mr F. A. Girvan, Ernst & Young, corner of Vautier and Hastings Streets (P.O. Box 1145), Napier or Telephone: (06) 935 6969. Dated this 27th day of July 1998. FREDERICK ANTHONY GIRVAN, Liquidator. Important Note: These are the liquidations of solvent companies for administrative purposes only.