Notice of Receivership Ceasing

Pursuant to Section 29 of the Receiverships Act 1993

Presented by: Colin Gower, BDO Christchurch, PO Box 246, Christchurch 8140.

We, Colin Gower and Stephen Tubbs, hereby give notice that the receivership of XEML LIMITED ceased on 22 November 2016.

Dated this 23rd day of November 2016.

COLIN GOWER, Joint Receiver and Manager.