Hi-Tech Batteries Limited Notice of Appointment of Receiver and Manager Pursuant to Section 8 of the Receiverships Act 1993 Chatsworth Management Limited, Rokfire Distributors Limited and Jefmar Holdings Limited, being duly incorporated companies, having their registered offices in Auckland, Christchurch and Auckland respectively, on the 13th day of October 1998, appointed John Lawrence Vague and Graeme George McDonald, chartered accountants of Auckland, as receivers and managers of the property of Hi-Tech Batteries Limited under the powers contained in a debenture dated the 13th day of September 1995, which property consists of a fixed charge in the case of the company's freehold and leasehold land, plant and machinery, motor vehicles, other chattels (except stock in trade), book debts, other monetary debts, intellectual property rights, unpaid or uncalled capital and goodwill and a floating charge in the case of the other assets of the company. The Office of the Receivers and Managers is: Care of John Vague & Associates, Fifth Floor, 80 Greys Avenue, Auckland. Dated this 13th day of October 1998. GRAEME G. McDONALD, Receiver and Manager.