Notice of Appointment of Receivers

Pursuant to Section 8 of the Receiverships Act 1993

Notice is hereby given that Colin David Owens, accredited insolvency practitioner of Wellington, and David Sean Webb, chartered accountant and accredited insolvency practitioner of Auckland, were appointed as receivers and managers of the property of NELSON UNDERGROUND SERVICES LIMITED (in receivership) on 13 December 2018 under the powers contained in a security agreement dated 15 July 2010.

The receivers have been appointed in respect of all the company's present and after acquired property and land and present and future interests in and present and future rights in relation to such property and land.

The offices of the receivers and managers are Deloitte, 20 Customhouse Quay, Wellington 6011. Enquiries may be directed to Samantha Wulff on (04) 470 3679 or by email: swulff@deloitte.co.nz.

Any creditor claiming a security interest in assets of the above-named company should immediately provide details to the receivers.

Dated this 14th day of December 2018.

COLIN OWENS, Receiver and Manager (personal liability excluded).