Plane Sailing Limited Notice of Appointment of Receiver and Manager Pursuant to Section 8 (1) (b) of the Receiverships Act 1993 Anthony John McCullagh, chartered accountant of Auckland, hereby gives notice that on the 3rd day of June 1998, he was appointed as receiver and manager of all the undertaking, assets and property of Plane Sailing Limited, pursuant to a debenture, dated the 12th day of August 1997. Dated this 3rd day of June 1998. A. J. McCULLAGH, Receiver and Manager. The Situation of the Office of the Receiver and Manager is: Level Fourteen, Tower Two, The Shortland Centre, 5565 Shortland Street, Auckland.