Metrogroup Limited Notice of Appointment of Receiver and Manager Pursuant to Section 8 (1) (b) of the Receiverships Act 1993 Anthony John McCullagh, whose office is at the Shortland Centre, 5565 Shortland Street, Auckland, hereby give notice that on the 17th day of May 1998, he was appointed as receiver and manager of all the undertaking, assets and property of Metrogroup Limited, pursuant to a debenture dated the 13th day of November 1997. Dated this 18th day of May 1998. ANTHONY JOHN McCULLAGH, Receiver and Manager.