Zorcon Thoroughbred No. 5 Limited Notice of Intention to Remove Company From the Register Pursuant to Section 320 of the Companies Act 1993 We, Ian Fergusson Farrant and Peter Ramsay Townsend, directors of Zorcon Thoroughbred No. 5 Limited, whose registered office is situated at the offices of Pierce/Tubbs, Third Floor, Fidelity House, 167 Victoria Street, Christchurch, hereby give notice that, pursuant to section 318 (1) (b) of the Companies Act 1993, the company has ceased to carry on business and there is no other reason for the company to continue in existence, it is intended to remove the company from the New Zealand Register. Any objection to the removal, pursuant to section 321 of the Companies Act 1993, must be delivered to the Registrar no later than the 30th day of September 1998. Dated this 2nd day of September 1998. G. P. PIERCE, Secretary, Zorcon Thoroughbred No. 5 Limited.