Whangaparaoa Heights Limited AK. 9263971 Notice of Appointment of Receiver and Manager Pursuant to Section 8 (1) (b) of the Receiverships Act 1993 To: The Registrar of the Companies Office, Auckland. I, Neil William Aitken, chartered accountant of Auckland, hereby give notice that on the 4th day of March 1999, I was appointed receiver and manager in place of John Robert Buchanan and Stephen Glenn Hotchin, of the assets and undertakings of Whangaparaoa Heights Limited, pursuant to a debenture dated on the 21st day of July 1989. My appointment is as to all management and control of the assets and undertakings of the company to the extent allowed under the debenture dated on the 21st day of July 1998. The Office of the Receiver and Manager is at: Moxey Aitken Broadbent, Chartered Accountants, Abacus House, 39 Taharoto Road, Takapuna, Auckland. All Inquiries Are to be Made to the Attention of: Neil William Aitken. Dated this 4th day of March 1999. N. W. AITKEN, Receiver and Manager.