Lowes Industries (North Island) Limited (in liquidation) Notice of Appointment of Liquidators Keith Palmer and David Vance, chartered accountants, were appointed liquidators, jointly and severally of Lowes Industries (North Island) Limited (in liquidation) on the 23rd day of July 1999, by resolution of the shareholders. Notice of Meeting of Creditors A meeting of creditors of Lowes Industries (North Island) Limited (in liquidation) will be held at The Angus Inn, Woburn Room, Waterloo Road, Lower Hutt on the 6th day of August 1999 at 10.00 a.m. Agenda To consider: 1. Whether to appoint another liquidator in place of the liquidator appointed. 2. Resolutions expressing the views of creditors. 3. Whether to appoint a liquidation committee. Notice to Creditors to Lodge Claims The liquidators have fixed the 6th day of September 1999, as the last day when creditors are to make their claims and establish any priority their claims may have. Creditors claims that have not been made at the date a distribution is declared will be excluded from the benefit of that distribution and may not object to that distribution. General Notes Inquiries for Information Relating to the Initial Report to Creditors, Postal Voting Papers, Proxy Forms, Claim Forms or Meeting Agenda May be Made to: Lee Stewart, McCallum Petterson & Co, Level Eight, City Tower, 95 Customhouse Quay (P.O. Box 3156), Wellington. Telephone: (04) 499 7796. Facsimile: (04) 499 7784. KEITH PALMER, Joint and Several Liquidator.