South Island Dairy Farmers Limited and Kiwi South Island Co-operative Dairies Limited Notice of Proposed Amalgamation Pursuant to Section 221 (4) (b) of the Companies Act 1993 Notice is hereby given of the proposed amalgamation of South Island Dairy Farmers Limited (``SIDF'') and Kiwi South Island Co-operative Dairies Limited (``KSI''). A copy of the amalgamation proposal: Is available for inspection during normal business hours at the registered office of either SIDF or KSI as set out below; or Will be sent free of charge upon request to either SIDF or KSI made at or to the address set out below; by any shareholder or creditor of SIDF or KSI or by any other person to whom either amalgamating company is under an obligation. Registered office and postal address: SIDF: 412442 Blenheim Road, Christchurch orP.O. Box 6027, Christchurch. KSI: Whareroa Road, Hawera or P.O. Box 444, Hawera. This notice is dated the 21st day of May 1998. ALAN CRAWSHAY, Secretary, South Island Dairy Farmers Limited. PAMELA HIKUROA, Secretary, Kiwi South IslandCo-operative Dairies Limited.