Specialty Aircraft Construction New Zealand Limited Notice of Appointment of Receivers and Managers Pursuant to Section 8 (1) of the Receiverships Act 1993 Notice is hereby given that on the 17th day of December 1997, James Bruce Alfred McAlister and David John Strack, both chartered accountants of Christchurch, were appointed as receivers and managers of the property of Specialty Aircraft Construction New Zealand Limited, under the powers contained in a mortgage debenture dated the 14th day of July 1995, given by that company. The receivers and managers have been appointed in respect of the company's undertakings and its real and personal property and all its assets and effects, whatsoever and wheresoever, both present and future, including its uncalled and unpaid capital. The offices of the receivers and managers are at the offices of Messrs Deloitte Touche Tohmatsu, Chartered Accountants, Deloitte House, 32 Oxford Terrace, Christchurch. Dated this 17th day of December 1997. Messrs J. B. A. McALISTER and DAVID JOHN STRACK, Joint Receivers and Managers.