Ad. Viser (NZ) Limited Notice of Appointment of Receivers and Managers Pursuant to Section 346 (1) of the Companies Act 1955 Theodore Weber Brunt, with reference to Ad. Viser (NZ) Limited (in receivership), hereby gives notice that on the 11th day of November 1993, Theodore Weber Brunt, appointed Jeffrey Philip Meltzer and Gerard James Hulst, chartered accountants, whose offices are at Jeff Meltzer & Associates, Eighth Floor, 17 Albert Street (P.O. Box 6302, Wellesley Street), Auckland, Telephone: (09) 357 6150, jointly and severally as receivers and managers of the property of this company under the powers contained in a debenture dated the 27th day of November 1992. The receivers and managers have been appointed in respect of all the company's undertaking and all its real and personal property and all its assets and effects, whatsoever and wheresoever, both present and future, including its uncalled and unpaid capital. Dated this 11th day of November 1993. T. W. BRUNT.