Williams Properties Limited (in receivership) Notice of Appointment of Receivers and Managers Pursuant to section 8 (1) (b) of the Receiverships Act 1993 On the 5th day of July 1999, we, Laurence George Chilcott and Peter Charles Chatfield, were appointed under powers conferred by registered debenture dated the 5th day of August 1998, to act jointly and severally, as receivers and managers of all the assets and undertakings of the above-mentioned company. Dated the 5th day of July 1999. LAURENCE GEORGE CHILCOTT and PETER CHARLES CHATFIELD, Receivers and Managers. Address for Service: Care of Smith Chilcott, Chartered Accountants, First Floor, General Building, 29 Shortland Street, Auckland.