Insulated Building Systems Limited Notice of Appointment of Receiver and Manager Pursuant to Section 8 (1) (b) of the Receiverships Act 1993 Notice is hereby given that on the 10th day of March 1998, Jeffrey Philip Meltzer, chartered accountant, was appointed receiver and manager of the property of Insulated Building Systems Limited under the powers contained in the debenture dated the 1st day of April 1997, given by that company. The property in receivership is all the company's undertaking, property and assets. The Offices of the Receiver and Manager are: Jeff Meltzer & Associates, Seventh Floor, 115 Queen Street, Auckland (P.O. Box 6302, Wellesley Street, Auckland). Telephone: (09) 357 6150. Facsimile: (09) 357 6152. Dated this 11th day of March 1998. J. P. MELTZER, Receiver and Liquidator.