The Graphiteers Limited Notice of Appointment of Receivers and Managers Pursuant to Section 8 of the Receiverships Act 1993 ANZ Banking Group (New Zealand) Limited, pursuant to a debenture in its favour bearing dated the 10th day of April 1995, hereby gives notice that on the 2nd day of February 1998, it appointed James Bruce Alfred McAlister and David John Strack, as joint and several receivers and managers of The Graphiteers Limited's property. The offices of the receivers and managers are care of Deloitte, Touche, Tohmatsu, Chartered Accountants, 32 Oxford Terrace, Christchurch. The property in respect of which the receivers and managers have been appointed is all of The Graphiteers Limited's undertakings, property and assets including uncalled capital and whatsoever situated. Dated this 2nd day of February 1998. Signed by ANZ Banking Group (New Zealand) Limited by its solicitors and duly authorised agents Messrs Lane Neave Ronaldson.