Notice of Intention to Cease Carrying on Business in New Zealand In the matter of section 341 of the Companies Act 1993, and in the matter of Subsea International NZ Inc. (O.S. 282): Take notice that Subsea International NZ Inc., a company incorporated in Delaware, United States of America, but registered on the New Zealand Overseas Companies Register under No. O.S. 282, intends to cease carrying on business in New Zealand. Dated on the 3rd day of February 1999. SUBSEA INTERNATIONAL NZ INC. Address for Service: Care of Vanburwray, Chartered Accountants, P.O. Box 649, New Plymouth.