Dress For Less Limited Notice of Appointment of Receivers and Managers Pursuant to Section 8 (1) (b) of the Receiverships Act 1993 We, Michael Peter Stiassny and Grant Robert Graham, hereby give notice that on the 24th day of March 1998, we were appointed joint and several receivers and managers of the assets and undertakings of Dress For Less Limited, pursuant to a debenture dated the 24th day of September 1997. 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: Alan Garrett.