Notice of Resignation and Appointment of Receivers and Managers

Pursuant to Sections 8 and 11 of the Receiverships Act 1993

Take notice that Colin Thomas McCloy has resigned from the office of receiver and manager of the above-named companies with effect from 25 October 2016.

And take notice that Perpetual Trust Limited has exercised its power to appoint a replacement receiver and manager of the companies and appointed David John Bridgman, chartered accountant of PricewaterhouseCoopers, Auckland, to be a joint and several receiver and manager of all of the assets and undertakings of the companies from 25 October 2016.

The appointment of David John Bridgman is in addition to the existing and continuing appointment of John Howard Ross Fisk, chartered accountant of PricewaterhouseCoopers, Wellington, and is in place of the appointment of Colin Thomas McCloy, who has, as above, vacated office as receiver and manager of the companies.

Dated this 25th day of October 2016.

COLIN THOMAS McCLOY, Retiring Receiver.

DAVID JOHN BRIDGMAN, New Receiver.

The Receivers and Managers’ Office Address is and Creditors and Shareholders May Direct Enquiries to: PwC, Level 16, 113–119 The Terrace, Wellington. Telephone: (04) 462 7492. Website: www.pwc.co.nz/Lombard.