Public Notice of Appointment of Liquidator

It was resolved by special resolutions of shareholders, pursuant to section 241(2)(a) of the Companies Act 1993, that the companies be liquidated and that Grant Bruce Reynolds, insolvency practitioner of Auckland, be appointed liquidator on the date and times below:

14 May 2015

SPONGE BAY JV LIMITED at 10.00am.

SPONGE BAY NOMINEES LIMITED at 10.05am.

Creditors and shareholders may direct their enquiries to Grant Reynolds during normal business hours at the contact details stated below.

GRANT REYNOLDS, Liquidator.

Address of Liquidator: Reynolds and Associates Limited, PO Box 259059, Botany, Auckland 2163. Telephone: (09) 524 9238. Facsimile: (09) 522 0975. Email: grant@randa.co.nz