P & R Timber Supplies Limited Notice of Appointment of Receiver and Manager Pursuant to Sections 3 and 8 of the Receiverships Act 1993 I, Maurice Reed Goodwin, chartered accountant of Auckland, give notice that on the 10th day of November 1998, I was appointed receiver and manager of P & R Timber Supplies Limited, in respect of all the assets and undertaking of P & R Timber Supplies Limited, pursuant to a debenture dated on the 10th day of November 1995, given by the company. Brief Description of Property Charged Under the Debenture: All the assets and undertaking of the company. Further Particulars Can be Obtained From the Receiver Whose Address is: Cox Arcus & Co, Chartered Accountants, P.O. Box 2175, Auckland. Telephone; (09) 307 8237. Facsimile: (09) 307 8241. Signed: M. R. GOODWIN.