Airbag International Limited Notice of Appointment of Receiver and Manager Pursuant to Section 8 (1) (b) of the Receiverships Act 1993 Anthony John McCullagh, chartered accountant of Auckland, hereby gives notice that on the 14th day of October 1998, he was appointed as receiver and manager of all of the undertaking, assets and property of Airbag International Limited. The Situation of the Office of the Receiver and Manager is: Level Fourteen, Tower Two, the Shortland Centre, 5565 Shortland Street, Auckland. Dated the 22nd day of October 1998. A. J. McCULLAGH, Receiver.