Wright and Carman (N.Z.) Limited (in receivership) Notice of Appointment of Receivers and Managers Pursuant to Section 8 of the Receiverships Act 1993 Notice is hereby given that on the 12th day of May 1998, Gary Traveller and John Howard Ross Fisk, chartered accountants of Wellington, were appointed as receivers and managers of the property of Wright and Carman (N.Z.) Limited under the powers contained in a mortgage debenture dated the 7th day of January 1998, given by that company. The receivers and managers have been appointed in respect of all the company's undertakings and all its assets, effects, whatsoever and wheresoever, both present and future, including its uncalled and unpaid capital, but excluding accounts receivable. The Offices of the Receivers and Managers are at: Price Waterhouse, Chartered Accountants, 1117 Church Street (P.O. Box 766), Wellington. Dated this 13th day of May 1998. GARY TRAVELLER, Receiver and Manager.