New Zealand Shipwright Services Limited Notice of Appointment of Receivers and Managers Pursuant to Section 8 (1) (b) of the Receiverships Act 1993 We, Brendon James Gibson and Grant Robert Graham, hereby give notice that on the 19th day of March 1998, we were appointed joint and several receivers and managers of the assets and undertakings of New Zealand Shipwright Services Limited, pursuant to a debenture dated the 11th day of October 1996. Short Description of Property Charged Under the Debenture: All assets and undertakings of the company. The Office of the Receivers and Managers is at:Ferrier Hodgson & Co, Level Sixteen, Southpac Tower, 45 Queen Street, Auckland (P.O. Box 982, Auckland). Telephone: (09) 307 7865. G. R. GRAHAM, Joint and Several Receiver and Manager. Inquiries to: Leanne Kelly.