Pursuant to Section 104DD of the Property Law Act 1952

Take notice that on 12 February 2016, by virtue of memorandum of Mortgage 7432872.3 (Otago Land Registry), Pepper New Zealand (Custodians) Limited, entered into possession of the property situated at 42 Dalgety Road, Dunedin, being all the land comprised in Certificate of Title OT181/246.

The registered office of Pepper New Zealand (Custodians) Limited is at Level 5, 10 Customhouse Quay, Wellington 6011.

Any correspondence pertaining to this matter should be directed to Minter Ellison Rudd Watts, solicitors for the mortgagee, at PO Box 3798, Auckland 1140. Attention: Mark Sandelin.

Dated at Auckland this 12th day of February 2016.

Signed by Pepper New Zealand (Custodians) Limited by its solicitors and duly authorised agent Minter Ellison Rudd Watts per:

G. M. SANDELIN.