Turnaround Management Limited Notice of Intention to Remove Company From the Register I, Robert Arnold McLeod, director of the above-named company, which has its registered office at Level Fifteen, Arthur Andersen Tower, 209 Queen Street, Auckland, herein give notice that I intend to make application to the Registrar of Companies at Auckland, to remove the company from the Register, pursuant to section 318 (1) (d) of the Companies Act 1993, on the grounds that the company has never traded, has discharged in full its liabilities to all its known creditors and has distributed its surplus assets in accordance with its constitution and the Companies Act 1993. Unless written objection is made to the Registrar on or before the 31st day of October 1997, the Registrar will remove the company from the Register. Dated this 17th day of September 1997. ROBERT ARNOLD McLEOD, Director. Address for Service: P.O. Box 199, Auckland.