Notice of Appointment of Receivers and Managers

Pursuant to Section 8 of the Receiverships Act 1993

Thomas Lee Rodewald, chartered accountant of Tauranga, and Stephen Rex Tietjens, chartered accountant of Auckland, with reference to Lara Limited, hereby give notice that on 17 August 2016 the Bank of New Zealand appointed them jointly and severally as receivers and managers of the property of LARA LODGE LIMITED under the powers contained in general security agreements dated 6 December 2015.

The Receivers and Managers Have Been Appointed in Respect of: All present and after-acquired property.

Office of the Receivers and Managers is: C/o Rodewald Consulting Limited, 525 Cameron Road, Tauranga 3144.

Dated this 17th day of August 2016.

THOMAS LEE RODEWALD, Joint Receiver and Manager.