Ruapehu Agricultural Contractors Limited (in receivership) and Ruapehu Directional Drilling Limited (in receivership) (``the companies'') Notice of Appointment of Receivers Pursuant to Section 8 (1) of the Receiverships Act 1993 David Bryden Davidson and Richard Dale Agnew, chartered accountants of Auckland, were appointed receivers of the companies on the 12th day of June 1998, under the terms of a debenture giving a fixed and floating charge over the whole of the assets of the companies. The property in receivership is all of the companies' undertaking, property and assets. The Receivers' Office Address is: Coopers & Lybrand, Level Twenty-nine, Coopers & Lybrand Tower, 2329 Albert Street, Auckland. The Receivers' Postal Address is: Coopers & Lybrand, P.O. Box 48, Auckland. D. B. DAVIDSON.