Hillcrest Construction Limited (in receivership) Notice of Appointment of Receivers and Managers Pursuant to Section 8 (1) (b) of the Receiverships Act 1993 On the 3rd day of August 1998, we, Laurence George Chilcott and Peter Charles Chatfield, were appointed under powers conferred by a registered debenture dated the 5th day of March 1998, to act jointly and severally as receivers and managers of all the assets and undertakings of the above mentioned company. Our Office Address is: Care of Smith Chilcott, Chartered Accountants, First Floor, General Building, 29 Shortland Street, Auckland. Dated this 4th day of August 1998. LAURENCE GEORGE CHILCOTT and PETER CHARLES CHATFIELD, Receivers and Managers.