Handles Plus Limited (in receivership) Notice of Appointment of Receivers and Managers Pursuant to Section 8 (1) (b) of the Receiverships Act 1993 We, Michael Peter Stiassny and Grant Robert Graham, hereby give notice that on the 30th day of June 1999, we were appointed joint and several receivers and managers of the assets and undertakings of Handles Plus Limited (in receivership), pursuant to a debenture dated the 7th day of July 1997. 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.