Perreaux Corporation Limited (in receivership) (``the company'') Notice of Appointment of Receivers Pursuant to Section 8 (1) of the Receiverships Act 1993 John Anthony Waller and David Bryden Davidson of PricewaterhouseCoopers, were appointed receivers of Perreaux Corporation Limited (in receivership) on the18th day of August 1999, under the terms of a debenture dated the 23rd day of June 1998. The property in receivership is all of the company's undertaking, property and assets. Dated this 18th day of August 1999. DAVID BRYDEN DAVIDSON, Receiver. The Receiver's Office Address is: PricewaterhouseCoopers, Level Eighteen, 66 Wyndham Street (Private Bag 92-162), Auckland.