Notice of Appointment of Receivers and Managers

Pursuant to Section 8 of the Receiverships Act 1993

Paul Thomas Manning and Kenneth Peter Brown were appointed jointly and severally as receivers and managers of specified property of the above-named company on 8 March 2016 pursuant to the powers conferred by a general security agreement dated 31 May 2012, specifically of certain assets being excavators, skidder, bulldozer and five Holden Rodeo motor vehicles.

The Office of the Receivers and Managers is: BDO Tauranga Limited, Level 1, The Hub, 525 Cameron Road, Tauranga 3110.

Dated this 9th day of March 2016.

PAUL MANNING, Joint Receiver and Manager.