Notice of Appointment of Receiver and Manager In the matter of the Receiverships Act 1993, and in the matter of Pressed 4 Time Limited (in receivership): Notice is hereby given that on the 13th day of June 1998, F.A.F (N.Z) Limited, hereby appointed Mark Wayne Richards, chartered accountant of Auckland, as receiver and manager of the property of Pressed 4 Time Limited under the powers contained in the debenture dated the 22nd day of December 1997, given by that company. The receiver and manager has been appointed in respect of all the company's undertakings and all its real and personal properties and all its assets and effects, whatsoever and wheresoever, both present and future. The offices of the receiver and manager are at the offices of Messrs Cox Arcus & Co, Chartered Accountants, Third Floor, 35 Albert Street, Auckland. Dated this 18th day of June 1998. M. W. RICHARDS, Receiver and Manager for the Debenture Holder.