Natural Fleece Processors Limited CH. 833314 Notice of Appointment of Receivers and Managers Pursuant to Section 8 of the Receiverships Act 1993 James Bruce Alfred McAlister and Murray Neil Frost, chartered accountants (whose offices are at Deloitte Touche Tohmatsu, Deloitte House, 32 Oxford Terrace, Christchurch and Deloitte Touche Tohmatsu, Otago House, 481 Moray Place, Dunedin, respectively) hereby give notice that on the 22nd day of January 1998, Bank of New Zealand appointed them as receivers and managers of the property of Natural Fleece Processors Limited, under the powers contained in an instrument dated the 8th day of April 1997. The receivers and managers have been appointed in respect of all of the company's real and personal property and all its assets and effects, whatsoever and wheresoever, both present and future, including its uncalled and unpaid capital. Dated this 22nd day of January 1998. Signed by James Bruce Alfred McAlister and Murray Neil Frost in the presence of: ELIZABETH DEMPSTER, Clerk. Dunedin.