Abel Fisheries Limited Notice of Appointment of Receivers and Managers Pursuant to Section 8 (1) (b) of the Receiverships Act 1993 We, Michael Peter Stiassny and Grant Robert Graham, hereby give notice that on the 15th day of December 1997, we were appointed joint and several receivers and managers of the assets and undertakings of Abel Fisheries Limited, pursuant to a debenture dated on the7th day of February 1997. Short Description of Property Charged Under the Debenture: All assets and undertakings of the company. The Office of the Receivers and Managers is at: Ferrier Hodgson & Co, Sixteenth Floor, Southpac Tower, 45 Queen Street (P.O. Box 982), Auckland. Telephone: (04) 307 7865. Officer for Inquiries: Rodney Martin.