Corporate Transfers Limited (in receivership and in liquidation) Notice of Cessation of Receivership We, Kenneth Athol Howard and Iain Bruce Shephard, insolvency practitioners of Paraparaumu, hereby gives notice that on the 22nd day of June 1999, they ceased to act as receivers and managers of all the property and assets of the company. Address Inquiries to Iain Shephard at the Receivers and Managers Office: Ken Howard & Associates. Telephone: (04) 297 0546. Facsimile: (04) 297 3168. KENNETH ATHOL HOWARD, Receiver and Manager. IAIN BRUCE SHEPHARD, Receiver and Manager.