Natural Fleece Limited (in receivership) Notice of Appointment of Receivers and Managers Pursuant to Section 8 (1) of the Receiverships Act 1993 Notice is hereby given that on the 22nd day of January 1998, James Bruce Alfred McAlister, chartered accountant of Christchurch and Murray Neil Frost, chartered accountant of Dunedin, were appointed as receivers and managers of the property of Natural Fleece Limited under the powers contained in a mortgage debenture dated the 8th day of April 1997, 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 22nd day of January 1998. Messrs J. B. A. McALISTER and M. N. FROST, Joint Receivers and Managers.