All Brite Industries Limited 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 7th day of May 1998, we were appointed joint and several receivers and managers of the assets and undertakings of All Brite Industries Limited, pursuant to a debenture dated the 30th day of September 1993. 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., Sixteenth Floor, Southpac Tower, 45 Queen Street (P.O. Box 982), Auckland. Officers for Inquiries: Alastair Fairley or Rodney Martin.