Phoebe Investments Limited and Volition Holdings Limited Notice of Intention to Remove the Companies From the New Zealand Register Take notice that it is intended to remove each of Phoebe Investments Limited and Volition Holdings Limited (``the companies'') from the New Zealand Register under section 318 (1) (d) of the Companies Act 1993, on the grounds that each has ceased to carry on business, has discharged in full its liabilities to all known creditors and has distributed its surplus assets in accordance with its constitution and the Companies Act 1993. The Registered Office of Each of the Companies is: Level Thirty-five, Coopers & Lybrand Tower, 2329 Albert Street, Auckland. Any objections, under section 321 of the Companies Act 1993, to the removal must be delivered to the Registrar of Companies by the 18th day of November 1999. Each of Phoebe Investments Limited and Volition Holdings Limited by its solicitors: CHAPMAN TRIPP.