Heald & Son Limited AK. 064856 (in receivership) (``the company'') 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 company 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 company. The property in receivership is all of the company's 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. Dated this 12th day of June 1998. DAVID BRYDEN DAVIDSON and RICHARD DALE AGNEW, Joint Receivers.