Artec Holdings Limited (in liquidation) (``the company'') Notice of Appointment of Liquidators Pursuant to Section 255 (2) (a) of the Companies Act 1993 Subsequent to the directors resolving that the company would, on the appointment of liquidators, be able to pay their debts, John Lawrence Vague and Graeme George McDonald, chartered accountants of Auckland, were appointed jointly and severally as liquidators of the company by special resolution of the shareholder on the 21st day of December 1998, the date the liquidation commenced. Notice to Creditors to Claim Notice is given that as liquidators of the company, we fix the 15th day of February 1999, as the day on or before which the creditors of the company are to make their claims, and to establish any priority their claims may have under section 312 of the Companies Act 1993, or to be excluded from the benefit of any distribution made before the debts are claimed or, as the case may be, from objecting to the distribution. Dated this 22nd day of January 1999. GRAEME G. McDONALD, Joint Liquidator. Note: The company is solvent and the liquidation is a result of the restructuring of the affairs of the shareholders. Creditors and Shareholders May Direct Inquiries to: G. G. McDonald, John Vague & Associates, P.O. Box 6092, Wellesley Street, Auckland. Telephone: (09) 303 0506. Facsimile: (09) 303 0508.