Pine Forests Limited (in liquidation) (``the company'') Notice of Intention to Remove Company From the Register Pursuant to Section 320 of the Companies Act 1993 We, Richard Dale Agnew and David Bryden Davidson, liquidators of the company, whose registered office is situated at PricewaterhouseCoopers, Level Eighteen, Price Waterhouse Centre, 66 Wyndham Street, Auckland, hereby give notice that, pursuant to section 318 (1) (e) of the Companies Act 1993, and having filed with the Registrar our final report on the liquidation, 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 of Companies no later than 20 days after this notice. Dated this 12th day of November 1998. R. D. AGNEW, Liquidator.