Designation Under Section 6 (1) (e) of the Securities Amendment Act 1988 Pursuant to section 6 of the Securities Amendment Act 1988, the Securities Commission gives notice that: PCS Investment Nominees Limited is hereby designated as a person to whom paragraph (e) of subsection (1) of section 6 applies. Dated at Wellington this 13th day of December 1999. The common seal of the Securities Commission was hereunto affixed in the presence of: l.s. E. H. ABERNETHY, Chairman.