Quantum Timber Products (NZ) Limited Notice of Appointment of Receivers and Managers Pursuant to Section 8 (1) (b) of the Receiverships Act 1993 We, Michael Peter Stiassny and Brendon James Gibson, hereby give notice that on the 10th day of February 1999, we were appointed joint and several receivers and managers of the assets and undertakings of Quantum Timber Products (NZ) Limited, pursuant to a debenture dated on the 27th day of October 1998. Short Description of Property Charged Under the Debenture: All assets and undertakings of the company. The Office of the Receivers and Managers is at: Ferrier Hodgson & Co, Sixteenth Floor, Southpac Tower, 45 Queen Street, Auckland. Inquiries to: Alan Garrett.