Brierley Investments Limited Notice of Intention to Apply to be Removed From the New Zealand Register Brierley Investments Limited at Level Twenty-eight, Majestic Centre, 100 Willis Street, Wellington, and incorporated in New Zealand (the ``company'') gives notice under section 353 of the Companies Act 1993 that: 1. The company intends to apply, under section 351 of the Companies Act 1993, after the 10th day of December 1999, for the company to be removed from the New Zealand Register in connection with the company becoming incorporated under the law in force in another country; and 2. The company proposes to become incorporated under the law in force in Bermuda. Dated at Wellington this 11th day of November 1999. M. B. HORTON, Company Secretary.