Island Dream Limited Notice of Intention to Request Removal of the Above Company From the Register Warren M. Preston, as shareholder of Island Dream Limited, hereby gives notice, pursuant to section 318 (1) (d) (i) of the Companies Act 1993 (``the Act'') that he intends to apply to the Registrar of Companies for removal of Island Dream Limited, a duly incorporated company having its registered office at Tauranga, from the Register of Companies on the grounds that at the date of such request the company will have ceased to carry on business, will have discharged in full its liabilities to all its known creditors and will have distributed its surplus assets in accordance with its constitution and the Act. Any objection under section 321 of the Act, to the removal of the company from the Register of Companies, must be delivered to the Registrar of Companies at Auckland, no later than the 7th day of September 1999. Signed by: WARREN M. PRESTON, as Shareholder.